Landlords coming to the end of their fixed rate mortgage deal are likely to be paying considerably more in interest when they...

As of 1 April 2023, the amount of corporation tax will be as follows: ·      under £50,000 – small profits rate of 19% ·      above...

Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is introduced from 6 April 2026. From the outset, it will apply to...

Recent tax changes, in particular the interest restriction for unincorporated property businesses with residential lets, have resulted in...

Owners of personal and family companies frequently pay themselves a small salary and extract further profits as dividends. To utilise the...

Despite dividend tax rates being charged at 33.75% (higher rate taxpayers) or 39.35% (additional rate taxpayers), generally dividends...

If you own a large plot of land that you no longer require but you don’t want to move home, you may consider selling some of it for...

As we move into the final months of the 2023/24 tax year, it is time to give some thought to whether you have used your 2023/24 dividend...

If you let out a property, you can deduct the business expenses that you incur when working out your taxable rental profit. Here we look...

The tax system contains a number of exemptions, some of which are more useful than others. One of the more valuable exemptions is that...