Author: Paul Beare

The UK tax system is an ever-changing beast that requires employers, employees and those who are self employed stay up to date on the latest

A salary sacrifice scheme lets employees swap cash salary for non-cash benefits, saving tax and National Insurance. But earnings must not fall below the National

Using business goods instead of selling them is usually VAT-free, but some cases require VAT payments. These "taxable self-supplies" include cars taken from stock and

If your spouse or civil partner has passed away, you may inherit part of their State Pension, depending on when you reached pension age. Find

Renting out part of your home may affect Capital Gains Tax when you sell. While Private Residence Relief applies, Letting Relief can reduce taxable gains.

From April 2025, the Capital Gains Tax rate on Business Asset Disposal Relief rises from 10% to 14%, increasing to 18% in 2026. Business owners

A negligible value claim lets taxpayers declare an asset worthless for tax purposes, realising a capital loss without selling. This can be backdated up to

A well-structured credit control system is crucial for small businesses to maintain cash flow and reduce the risk of bad debts. Without proper controls, late

Starting or growing a small business often requires capital, but securing the right funding can be a challenge. Fortunately, there are various funding sources available