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Tax Expert

Find out how to pay less tax with up to date Tax Tips and dozens of ways to reduce your tax bill.

Tax Tips  – News from HMRC – for Entrepreneurs & Individuals

 

When markets move, the tax position can matter just as much as the profit. A gain that looks attractive can feel very different once Capital Gains Tax has taken a bite out of it. There are, however, certain assets where

HMRC’s new CIS fraud powers should be a serious concern for contractors, subcontractors and anyone operating in the construction supply chain. Following April 2026, the risk is no longer limited to your own tax compliance. If you deal with a

HMRC enquiries do not always begin with a formal investigation. In many cases, the first contact is a nudge letter based on data already held by HMRC. These letters should not be dismissed as routine correspondence. Where HMRC writes to

Commercial property tax relief can be won or lost in a single paragraph. It might look like routine legal wording, but a Section 198 election can decide whether a buyer claims valuable capital allowances or walks away with nothing. For

Expanding overseas can be a valuable step for a UK business, especially where there is demand from international customers or an opportunity to build a presence in a new market. However, the structure used to trade overseas needs careful thought

From 6 April 2026 (which works retroactively), the rate for cars and vans has risen from 45p to 55p per mile for the first 10,000 business miles in the tax year. After 15 years of rising fuel, insurance, servicing and

This page is not intended to constitute tax advice. The information provided in these documents are based on our understanding of current tax law; however, we do not represent or warrant the accuracy of the information contained herein, and any information provided may be incomplete or condensed. Furthermore, the suggestions contained within this document are for discussion purposes only and should not be relied on. You should seek formal tax advice before proceeding with any of the suggestions contained in these documents.