Most UK trusts must now be registered with HMRC's Trust Registration Service under 5MLD rules. Learn who must register, deadlines, penalties, and exemptions in 2026/27.
Trusts are powerful estate planning tools but come with complex tax obligations. This 2026/27 guide covers how UK trusts are taxed for income tax, capital gains tax, and inheritance tax -- with worked examples for bare trusts, interest in possession trusts, and discretionary trusts.
At 55 you can currently access your pension. From April 2028 the minimum rises to 57. What you can do now, the 25% tax-free lump sum and drawdown options.
At 65 the State Pension is two years away (SPA 67). Claim National Insurance credits, update your pension forecast and review benefits eligibility. Checklist for 2026.
Under-18s pay Income Tax and NI on the same basis as adults once earnings exceed the thresholds. No student exemption. Council tax disregard rules also explained.
Complete guide to Universal Credit work allowance in 2026/27. Calculate how much you can earn with housing element (GBP 404) or without (GBP 673) before UC is reduced by the 55p taper.
Unmarried couples property tax UK: stamp duty, CGT, IHT and income tax rules for 2026/27. Know your rights before buying together.
Opting to tax (OTT) on land or commercial property makes supplies VAT-able, enabling VAT recovery on costs. The rules, irrevocability, de-opting and anti-avoidance.
Registering for VAT voluntarily below the £90,000 threshold can help you reclaim input VAT and appear more credible to B2B clients. But there are real risks too. Find out if it makes sense.
New residential construction is zero-rated for VAT. Developers can recover input tax but must not charge output VAT on the first sale. Conditions and exceptions.
How UK game studios claim the Video Games Development Relief tax credit after the April 2024 reform, eligibility, rates and claiming process.
Working holiday visa UK tax explained for Australian and NZ workers. Understand PAYE, NI, self-assessment and 2026/27 rates.
