April 2026 has arrived with a bit of a sting for many UK families. While the spring sunshine is welcome, the latest updates to the inheritance tax gift rules in the UK have left a lot of people scratching their heads. With the standard “death tax” rate still sitting at a brutal 40% for anything […]
Right. Let’s get straight to it. When does ISA allowance reset? Every single year on 6th April. That’s when your £20,000 allowance refreshes and you can start saving tax-free all over again. Miss it and you can’t carry anything forward. Gone. Finished. Use it or lose it, as they say. The tax year runs from […]
Start a business and suddenly everyone wants a piece. HMRC especially. But what taxes do business owners pay in the UK? Depends on your setup. Sole trader? Limited company? Partnership? Each one gets taxed differently. None of them are simple. Sole Traders Pay Income Tax If you’re a sole trader, HMRC essentially treats your business […]
Five years ago, the vast majority of landlords bought property in their own names. Now? They’re setting up a limited company for property quicker than you can say “mortgage interest relief”. What changed? Tax changes happened. Big ones. And they’ve made setting up a property company UK far more appealing than it used to be. […]
Set up my first property company last year. Got to the bit on Companies House where it asks for an SIC code and just stared at the screen for ten minutes. What the hell’s a SIC code? Felt like I needed a degree just to fill in a form. Turns out loads of people get […]