The VAT Flat Rate Scheme charges a fixed percentage of your gross turnover instead of tracking input and output VAT separately — and the percentage varies enormously by trade. Here is how it works and whether it still pays off in 2026/27.
How VCT tax relief works in 2026/27 — 30% income tax relief, tax-free dividends, and how VCTs differ from EIS and SEIS for investors weighing up early-stage tax-advantaged investing.
Regular stallholders at vintage, antiques and collectables fairs are usually running a taxable trade, not a hobby. How Self Assessment, the trading allowance and Capital Gains Tax on personal items interact in 2026/27.
Self-employed virtual assistants work entirely from home with software subscriptions as the main cost. Full worked example on £18,000 turnover and the simplified home-use-as-office deduction.
Self-employed voice-over artists working from a home studio face specific questions on equipment, agent fees and international royalties. How 2026/27 Self Assessment treats them.
How to check for gaps in your National Insurance record, what filling them with voluntary Class 3 contributions costs in 2026/27, and why the deadline matters for State Pension.
Welsh councils can charge up to 300% Council Tax premium on second homes. How the premium is set, which areas apply it hardest, and how to check before you buy in 2026/27.
Self-employed wedding band musicians and live performers travel with instruments and PA equipment, and are often paid through a bandleader. How 2026/27 Self Assessment treats them.
Self-employed wedding and event DJs carry significant equipment costs and specific insurance requirements many venues insist on. Here's how it works for tax on a typical £18,000-£35,000 turnover in 2026/27.
Parents can gift £5,000, grandparents £2,500 and anyone else £1,000 to a couple getting married completely free of Inheritance Tax — on top of the normal annual exemption. Here's exactly how the wedding gift exemption works and how to combine it with other allowances.
Self-employed wedding photographers approaching the £90,000 VAT threshold in 2026/27 face a real pricing decision. What crossing the threshold actually means.
Self-employed wedding planners handle client deposits, supplier payments and commission arrangements that need careful tax treatment. Full worked example on £38,000 turnover and how to handle money that passes through your accounts.