Beyond earning £100,000, two significant financial drops present themselves: the loss of free childcare and the tapering of the income tax-free personal allowance. Together, these can impose a marginal tax rate of 60% and create unexpected financial strain. So, what

With the UK government facing a significant shortfall in public finances, the upcoming budget is expected to close certain tax loopholes rather than increase major tax rates. Rachel Reeves, the Chancellor, is likely to focus on curbing tax advantages that

The rules on VAT charged on food can be confusing, as often the rules vary depending on where and how the food is served. This blog will break down the VAT rates applicable to different types of food, highlighting the

When considering passing a buy-to-let property to your child, the goal is often to do so in a tax-efficient way. Gifting property can seem straightforward but carries significant tax implications, particularly when it comes to inheritance tax (IHT) and capital

Incorporation Relief is a powerful tax incentive that allows landlords to delay paying Capital Gains Tax (CGT) when transferring their property business into a limited company in exchange for shares. This relief can also help landlords save on Stamp Duty

Turning your garden into a profit-generating asset, either by selling it or through development, can seem appealing. However, it’s crucial to understand the tax implications that accompany these transactions. Capital Gains Tax (CGT) and Income Tax can significantly impact your