Payrolling benefits in kind is compulsory from April 2026. Learn how it works, which benefits are excluded, the impact on tax codes and how to transition from P11D reporting.
Plastic Packaging Tax at £217.85 per tonne in 2026/27 -- who must register, the 30% recycled content threshold, exemptions, record-keeping requirements, and HMRC enforcement.
A Share Incentive Plan lets UK employees receive up to £3,600 in free shares and buy partnership shares from pre-tax pay. This guide covers all four share types, the tax treatment at each stage, worked examples and what happens when you leave.
The Statutory Residence Test determines UK tax residency via three stages. Learn the day-count rules, ties test and split-year treatment for 2025/26 and 2026/27.
How the VAT Margin Scheme works for second-hand goods, antiques, art, and collectibles in 2026 -- VAT on profit margin only, eligible goods, global accounting, auctioneers scheme, and record-keeping requirements.
Commercial property is VAT-exempt by default. The Option to Tax lets owners charge 20% VAT and recover input tax. Here is how OTT, the CGS and TOGC rules work in 2026.
The domestic VAT reverse charge for construction shifts VAT accounting to the customer. Learn who it applies to, how to invoice, its cashflow impact and exceptions in 2026/27.
WFH tax relief is worth up to £312/year for employees. Learn the flat rate, how to claim via HMRC or Self Assessment, and what self-employed workers can claim for home office costs.
The VAT Annual Accounting Scheme replaces four quarterly returns with one annual return plus interim payments, smoothing budgeting for small businesses. Learn the GBP 1.35m turnover limit and how it works in 2026/27.
The VAT Cash Accounting Scheme lets you account for VAT when you are paid, not when you invoice, easing cash flow for businesses that wait to get paid. Learn the GBP 90,000 registration threshold, who qualifies and when it helps.
If your turnover falls, you may be able to deregister for VAT and simplify your admin. Learn the GBP 88,000 deregistration threshold, how it differs from the GBP 90,000 registration threshold and what leaving costs you in 2026/27.
Venture Capital Trusts offer 30% Income Tax relief on up to GBP 200,000 a year and pay dividends free of tax. Here is how VCTs work for higher earners in 2026/27, with a worked example and the risks.
