The Capital Gains Tax rate applying to Business Asset Disposal Relief has increased from previous levels, affecting business owners planning to sell or transfer their companies. Entrepreneurs, shareholders, and business owners considering succession or exit planning should review potential tax implications early to avoid unexpected liabilities. Strategic tax planning before a sale or restructuring may […]

Dividend tax rates have increased again for the 2026/27 tax year, affecting company directors, shareholders, and investors who extract profits through dividends. Combined with reduced dividend allowances in recent years, many business owners may now face significantly higher personal tax liabilities. Directors are being encouraged to review remuneration structures, salary and dividend planning, and pension […]

HMRC’s Making Tax Digital for Income Tax Self-Assessment (MTD ITSA) has officially launched for self-employed individuals and landlords earning above the qualifying threshold. Affected taxpayers must now maintain digital accounting records and submit quarterly updates using compatible accounting software. Businesses and landlords who are not yet digitally prepared may face compliance challenges, penalties, and administrative […]