The year 2026 brings important changes to the UK tax system. How will tax rates and thresholds change for individuals and employers? Read on to find out what the changes mean and how to prepare for them.
Discover the key tax and financial dates for 2025 that will help you stay compliant, avoid penalties, and seize opportunities for effective financial planning.
Value Added Tax (VAT) is a fundamental part of business operations, impacting pricing, compliance, and cash flow. This article provides a clear overview of VAT registration, calculation, and reporting, offering practical insights and examples to help businesses effectively manage VAT obligations.
From 6 April 2025, significant reforms to Inheritance Tax (IHT) and the abolishment of the non-domiciled (non-dom) status will come into effect in the UK. These changes will impact the tax landscape for both UK residents and non-residents, particularly those with foreign assets or complex trust structures. It is crucial for individuals and businesses to prepare for these reforms and assess their tax position in advance.