If you've breached your pension annual allowance and owe an annual allowance charge, 'scheme pays' lets your pension scheme settle the tax bill directly, reducing your future pension instead of your bank balance.
Crowdfunding platforms like Seedrs and Crowdcube market SEIS and EIS tax reliefs heavily, but the relief depends entirely on the individual company, not the platform. Here's how to check before you invest.
Quick reference for UK income tax 2025/26: rates and bands for England/Wales/NI and Scotland, plus Personal Allowance, NI thresholds, dividend rates, savings allowance and student loan thresholds
From April 2026, APR and BPR are capped at GBP 1m combined (100% relief), with 50% relief on assets above GBP 1m -- affecting farmers who previously expected full IHT exemption. Full analysis.
HMRC Approved Mileage Allowance Payments: 45p/mile for first 10,000 business miles (25p above). Employees can claim the shortfall if employers pay less; self-employed use AMAP or actual costs.
AIA allows businesses to deduct up to GBP 1m of qualifying plant and machinery costs in year of purchase. Qualifying assets, excluded items (cars, land), and partial-year rules explained.
Employers with payroll over GBP 3m pay 0.5% levy monthly. Funds sit in Digital Apprenticeship Service accounts (18-month expiry). This guide explains how to access the funds and what training counts.
BADR (formerly Entrepreneurs Relief) was raised from 14% to 18% on 6 April 2026. GBP 1m lifetime limit. This guide covers qualifying conditions, what counts as a material disposal, and planning.
Basis period reform ended the current-year basis. From 2024/25, profits are assessed on the tax year (6 April to 5 April). Transition year 2023/24 was complex. This guide explains the ongoing impact.
Section 24 restricts individual BTL mortgage interest relief to basic rate. Ltd company retains full deductibility. This guide compares tax costs with worked examples across income levels.
HMRC treats cryptoassets as a capital asset. This guide covers CGT on Bitcoin sales, NFT disposals, staking rewards, DeFi loans and airdrops for 2026/27.
Since April 2024, HICBC kicks in when household high earner exceeds GBP 60,000 (not GBP 50,000). It is withdrawn by GBP 1 per GBP 200 above GBP 60k, fully clawed back at GBP 80,000. Whether to claim.
