Insights, Updates and Guidance
Our news section shares practical updates on accounting, tax regulations and financial management – written in plain language to keep you informed.
NIC and tax after reaching State Pension age
If you continue working after reaching State Pension age, your National Insurance position changes, but your Income Tax obligations largely…April 30, 2026
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Setting off losses against other income sources
If you are self-employed or a member of a partnership, you may be able to claim tax relief when your…April 30, 2026
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Tax on savings interest
If your taxable income for the 2026-27 tax year is less than £17,570, you will not pay any tax on…April 30, 2026
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How bonuses are taxed
Bonuses are treated as taxable earnings, so both employers and employees need to understand how they are taxed and reported.…April 30, 2026
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Reclaiming VAT on taxi and ride-hailing fares
Changes announced in the Autumn Budget have removed the use of a niche VAT scheme known as the Tour Operators…April 30, 2026
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Cash flow resilience in uncertain trading conditions
Rising costs and economic uncertainty have made cash flow management more important than ever. While many businesses focus on profit,…April 27, 2026
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New legal duty for landlords under the renters’ rights act
Landlords must now comply with an important new legal requirement introduced under the Renters’ Rights Act, which brings significant reform…April 27, 2026
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Who pays Income Tax at Scottish rates?
The rules as to who pays Income Tax in Scotland is determined by whether an individual is considered a Scottish…April 23, 2026
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What is the Annual Investment Allowance?
The Annual Investment Allowance (AIA) is a valuable tax relief that allows businesses to deduct the full cost of qualifying…April 23, 2026
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Filing your 2025-26 self-assessment tax return
The 2025-26 tax year ended on 5 April 2026, and attention now turns to filing your self-assessment tax return. While…April 23, 2026
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When is CGT payable on gains during 2026-27
For most capital gains realised in the 2026-27 tax year, Capital Gains Tax (CGT) is reported and paid by 31…April 23, 2026
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Pay back private fuel costs and avoid tax charge
Employees who receive fuel from their employer for private use in a company car can avoid paying the car fuel…April 23, 2026
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