A Guide for UK Investors and Business Owners Cryptocurrency has evolved from a niche technology into a mainstream investment asset. With stories of early investors turning modest sums into substantial fortunes, it is easy to see why Bitcoin, Ethereum and thousands of other digital currencies continue to attract attention. However,…
How Married Couples and Civil Partners can reduce their Household Tax Bill in 2026/27 For married couples and civil partners, effective tax planning can significantly reduce a household’s overall tax liability. While spouses are taxed as separate individuals under the UK tax system, there are several opportunities to make better…
With the rollout of Making Tax Digital (MTD) for Income Tax drawing nearer, HMRC has confirmed that it will begin proactively signing up taxpayers it believes fall within the scope of the new regime from September 2026. Recent reports suggest that while around 864,000 taxpayers are expected to be affected…
Welcome to the October 2026 Tax Update. In this issue, we look at Autumn Budget preparations, HMRC’s increasing use of data analytics, upcoming Making Tax Digital obligations, changes affecting National Minimum Wage rates, and key dates on the accounting horizon. Remember, Remember the 5th of October! Deadline for informing HMRC…
Don’t Miss HMRC’s Little-Known 5 October Tax Deadline Many taxpayers know that 31 January is the deadline for filing an online Self-Assessment tax return. Fewer people know about another important date: 5 October. If you need to complete a Self-Assessment return but are not already registered, HMRC expects you to…
On the 18th October 2026, Vikki and Karen will be taking on a challenge that pushes us well outside our comfort zones… a tandem skydive! They’re jumping from thousands of feet in the air to raise money for two causes that mean a great deal to us: Dementia research and…
Why You Don’t Need to Pay £400 to Find a Child Trust Fund Thousands of young adults across the UK could be sitting on money they didn’t even realise they owned. Yet some are being charged hundreds of pounds by claims management companies to trace their Child Trust Fund, despite…
Welcome to the September 2026 Tax Update. In this issue, we look at HMRC’s latest Making Tax Digital developments, guidance on payroll fraud, updated advisory fuel rates, mandatory payrolling of Benefits in Kind, and some key dates on the Accounting Horizon. HMRC TO BEGIN AUTOMATIC MTD SIGN-UPS Making Tax Digital…
Families Could Be Paying Thousands Too Much in Inheritance Tax on Life Insurance Policies Thousands of UK families may be paying far more inheritance tax (IHT) than necessary because their life insurance policies have not been placed into trust. According to the latest HMRC figures, around £850 million worth of…
Discounted Gift Trusts: A Smart Way to Reduce Inheritance Tax While Keeping an Income Want to reduce Inheritance Tax (IHT) without giving away complete access to your money? A Discounted Gift Trust could offer a solution. Many people face a difficult choice when planning their estate. They can either give…