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Stay informed with expert financial insights! Explore our latest blogs on wealth management, retirement planning, and smart investment strategies. Empower your financial future with practical tips and expert advice.

Keeping digital records for MTD

Keeping digital records for MTD

MTD for ITSA starts 6 April 2026 for eligible sole traders and landlords. Learn what “digital records” mean, software/bridging options, what must be recorded, and key easements for jointly let propert... ...more

General

February 16, 20262 min read

Disincorporation of a company

Disincorporation of a company

Thinking of closing a limited company and moving to sole trader? Disincorporation can trigger tax on asset transfers, goodwill gains, SDLT/VAT issues, and different outcomes when extracting cash. Here... ...more

Entrepreneur

February 11, 20263 min read

How can sole traders obtain relief for trading losses?

How can sole traders obtain relief for trading losses?

Made a trading loss as a sole trader? You may be able to claim relief—against other income (same/previous year), against capital gains, or by carrying it forward to future profits. Opening/closing yea... ...more

General

February 11, 20263 min read

Keeping digital records for Making Tax Digital

Keeping digital records for Making Tax Digital

MTD for ITSA means keeping digital records of property income and expenses using compatible software (or a spreadsheet with bridging software). Here’s what must be recorded, plus simplifications for j... ...more

Property

February 10, 20263 min read

Tax implications of reimbursing employees’ expenses

Tax implications of reimbursing employees’ expenses

Reimbursing staff expenses isn’t always tax-free. Learn when the exemption applies, common traps (like commuting costs), and the new 6 April 2026 rules that make reimbursements for eye tests, flu jabs... ...more

General

February 09, 20262 min read

Are you running a business or enjoying a hobby?

Are you running a business or enjoying a hobby?

Selling online more often? HMRC doesn’t use a single “hobby limit.” Learn how the £1,000 trading allowance works, why platforms may report sales, and how the badges of trade help decide business vs ho... ...more

Entrepreneur

February 04, 20263 min read

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