The Flat Rate VAT Scheme lets small businesses pay a fixed percentage of gross turnover to HMRC instead of tracking every purchase. Here is how it works, who it suits and when it costs more than it saves.
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Everything non-resident landlords need to know about the HMRC scheme, the NRL1 form, double taxation treaties, and how to keep more of your UK rental income.
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Everything sole traders need to know about Self Assessment — allowable expenses, tax-saving strategies, and how to reduce your bill legally.
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Earning extra from a side hustle? Here's the £1,000 trading allowance, how much tax you'll actually pay, when to register with HMRC, and what the side hustle tax reform changes.
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What is a HMRC compliance check and how long does it take? Follow these steps to respond correctly, avoid penalties, and close the check without issues.
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Every year, thousands of people in the UK pay more income tax than they should. HMRC doesn't always correct it automatically. If you've overpaid, you're entitled to get that money back — and you can claim it yourself for free.
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Running a limited company keeps you busy. Between managing clients, keeping the company accounts in order, and filing with Companies House, it's easy to assume your company's Corporation Tax return covers your personal tax position. It doesn't.
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Receiving a Code of Practice 9 letter from HMRC is one of the most serious tax situations you can face. It means HMRC suspects deliberate fraud — and how you respond in the next 60 days could be the difference between a civil settlement and a criminal prosecution.
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Wondering what a tax office reference number is and where to find it? Learn how the UK employer PAYE reference works, where it appears on payslips and P60s, and why getting it wrong causes HMRC problems.
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For decades, a trading business could pass down free of inheritance tax. From 6 April 2026 that stops. A new £2.5 million cap limits 100% Business Property Relief, and everything above it is taxed. Here is what changes, who pays, and what to do before April.
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