HMRC is changing how landlords report income and expenses. Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is coming. This new system affects many landlords from April 2026. Are you ready for these changes? MTD for Landlords: What You Need to Know MTD...
Selling a second home or investment property means Reporting Residential Property Gains. Owners must report residential property gains and pay capital gains tax (CGT) within strict deadlines. Failing to comply can result in penalties and interest charges. Why Sell a...
UK business taxes impact every company, regardless of size or industry. Accordingly, understanding tax obligations helps businesses plan effectively. Additionally, knowing the different taxes applicable ensures compliance while avoiding penalties....
Moreover, we begin by visualizing the staggering amount collected by the government in taxes every minute. This serves as a reminder of the significant financial contribution businesses and individuals make to the system. Importance of Tax Planning...
In the dynamic landscape of the gig economy, additionally, we find ourselves at the crossroads of change. The term, a buzzword for many, holds particular relevance for those in the UK. Specifically, this week's episode of I Hate Numbers delves into the...
Tax avoidance versus tax evasion, they seem similar but they are different. While tax avoidance is legal, tax evasion is not. In this weeks vlog I compare and contrast Tax avoidance tax evasion. Furthermore i will share examples, who doesn't love examples. Tax...
Is there a difference between tax avoidance and evasion? Does it matter? They may seem similar, but they are different concepts with different implications. In this week's I Hate Numbers podcast I look at the difference between tax avoidance and tax...
Are you feeling overwhelmed when it comes to understanding how Taxes and financial planning fit. Moreover, how how impact your financial planning? Do you find yourself asking questions like, “How do I forecast for and build tax into my business financial plan?” If...
Understanding tax evasion and avoidance is an essential piece of knowledge! Even if just to avoid prison food. Do you Understand tax evasion and tax avoidance? Moreover, do you know the difference between tax evasion and avoidance? Firstly In this podcast, I...
Understanding the differences between tax avoidance and tax evasion, is an essential piece of knowledge for all taxpayers, whether you are an individual or whether you are a business. Tax avoidance and evasion is typical and headline news. Jimmy Carr, Gary Barlow, Ken...
How you should budget for your tax bill is this week’s podcast theme. If you are self-employed, a freelancer, run your own business then you have responsibility for your own taxes. You do not have an employer who takes care of that for you. When you are...
Today's topic is focused on one underused legitimate way of Saving tax with company benefits. Pay yourself and save personal and company tax. And yes, it's important as a business owner, you need to pay yourself. The conventional route to pay yourself is a blend of...
Tax, you can't avoid it. If you are a business owner tax and your self-employed business is something you consider. If you don't take tax into account, 'bites and arses' will figure somewhere. Today's blog will talk about the tax and your self employed business. In...