Filing your first Self Assessment as a sole trader? Avoid these 10 costly mistakes that catch out new business owners in 2026/27, from the payments on account shock to wrong NI classes.
Private Residence Relief can eliminate CGT on your home, but the rules on periods of absence, the 9-month final period, and the abolition of Letting Relief need careful understanding for 2026.
Child maintenance is not taxable income for the recipient and is not a deductible expense for the payer in the UK. Here is what you need to know about CMS payments, private arrangements and benefit interactions in 2026.
Businesses investing in plant and machinery in designated UK Enterprise Zones can claim 100% Enhanced Capital Allowances. Here is how the relief works, which zones qualify, and how to claim in 2026.
Whether income protection insurance payouts are taxable depends on who pays the premiums. Individual policies pay out tax-free; employer group schemes are taxed via PAYE. Here is the full picture for 2026.
Earning between GBP100,000 and GBP125,140 in 2026/27? You could face an effective 60% marginal tax rate. Here is how the Personal Allowance taper works and how salary sacrifice can help you escape it.
The VAT threshold in 2026 is GBP90,000. But does your employment income count towards it? What if you have multiple self-employed activities? Here is how the rules apply to side hustles in the UK.
A workplace nursery scheme allows employers to provide childcare as a tax-free benefit. It is distinct from old childcare vouchers and salary sacrifice. Here is how it works in 2026 and how employers set one up.
Owning more than one company can quietly push you into a higher corporation tax rate. Associated companies divide the GBP 50,000 and GBP 250,000 limits, so understanding the rules can save thousands in 2026/27.
If a customer never pays, you can still be left having handed HMRC the VAT. Bad debt relief lets you reclaim that VAT once the debt is six months overdue. Here is how it works for VAT-registered businesses in 2026/27.
The cash basis is now the default for most sole traders, taxing money when it actually moves. Learn when accruals accounting still wins and how the choice affects your 2026/27 Self Assessment.
The CGT annual exempt amount is just GBP 3,000 in 2026/27. Bed and ISA and bed and spouse both reset your gains tax-free. Here is when to use each, with worked numbers.
