Blog

30 Nov 2025

CIS deductions – Applying the correct percentage

The Construction Industry Scheme (CIS) is a tax deduction scheme requiring contractors to deduct tax from payments made to subcontractors working in the construction industry.

26 Nov 2025

VAT registration waiver

HMRC requires businesses to register for VAT if their taxable turnover exceeds £90,000 in the last 12 months or is expected to exceed this threshold within the next 30 days.

24 Nov 2025

What is e-invoicing?

The 2025 Budget on 26 November 2025 is expected to be crucial for the long-term implications for the UK economy – announcements of tax increases are expected.

21 Nov 2025

Community infrastructure levy

The Sunday Times’ property supplement has recently highlighted cases of homeowners who have extended their properties and been caught out by the community infrastructure levy (CIL, dubbed the ‘extension tax’) and been left with large and unexpected bills.

19 Nov 2025

Tax relief for costs of updating a property prior to letting

When a landlord buys a new property to let out, they may need to undertake some work prior to the first let, particularly if the property is tired or in need of updating.

17 Nov 2025

Can you claim tax relief for costs incurred while the buy-to-let is on the market?

In light of the erosion of landlords’ rights in the Renters’ Rights Bill, together with a raft of adverse tax changes in recent years, many buy-to-let landlords have come to the decision that it is now time to sell.

14 Nov 2025

Calculating corporation tax marginal relief

The rate at which a company pays corporation tax depends on the level of its taxable profits.

12 Nov 2025

File your tax return by 30 December to pay your tax bill through your tax code

The normal filing deadline for the 2024/25 Self Assessment tax return is 31 January 2026.

10 Nov 2025

Do you have an unclaimed Child Trust Fund?

A press release recently published by HMRC revealed that 758,000 young people between the ages of 18 and 23 have a Child Trust Fund which has matured but which they have not claimed. The average Child Trust Fund account is worth £2,242.

06 Nov 2025

What counts as a ‘reasonable excuse’?

A taxpayer may have grounds for appealing a penalty if they have a reasonable excuse for missing a filing or payment deadline. However, it is important to realise that the appeal will only succeed if HMRC accept that the excuse is indeed reasonable. In this regard, the bar is set high.

04 Nov 2025

Should you withdraw your pension to save IHT?

Legislation has been published in draft for inclusion in the Finance Bill which will bring unused pension pots within the charge to inheritance tax from 6 April 2027.

31 Oct 2025

SDLT on dilapidated properties

The rate of SDLT payable on the purchase of a property depends on whether it is a residential property or not, and if so, whether the supplement applies.

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