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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...

What is the Annual Investment Allowance?

The Annual Investment Allowance (AIA) is a valuable tax relief that allows businesses to deduct...

Filing your 2025-26 self-assessment tax return

The 2025-26 tax year ended on 5 April 2026, and attention now turns to filing...

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...

Pay back private fuel costs and avoid tax charge

Employees who receive fuel from their employer for private use in a company car can...

Beware Winter Fuel Payment scams

Pensioners are being urged to stay vigilant for any Winter Fuel Payment scams. HMRC is...

Preparing for a new employment landscape in 2026/27: Further protections

Annual leave & holiday pay (effective April 2026) From 6 April, the Employment Rights Act (ERA)...

Interest rate outlook for 2026

The outlook for UK interest rates during 2026 remains uncertain, although current expectations suggest relative...

Hedging against rising costs

Rising prices remain a concern for many UK business owners, particularly where energy, materials, labour...

Filing deadlines for reporting expenses and benefits

Employers providing employees with expenses or benefits in kind must comply with specific reporting, filing...

VAT Flat Rate Scheme – what is a limited cost trader?

The VAT Flat Rate Scheme is designed to simplify the way a business accounts for...

Settlor retains interest in settled property

The settlements legislation is designed to ensure that where a settlor retains an interest in...

Car and travel expenses if self-employed

If you are self-employed, it is important to understand which car and travel costs are...

Tax relief when incorporating a business

When a sole trader or partnership transfers a business to a company, a chargeable gain...

Filing obligations for private limited companies

Those responsible for the accounts and tax compliance of private limited companies must ensure they...