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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.

Are you ‘hustling’ this Christmas? From hobby to taxable business

Are you ‘hustling’ this Christmas? From hobby to taxable business

Selling crafts, reselling online, or earning from content creation this Christmas? Your “hustle” may count as a taxable business. Here’s what HMRC looks at, and when you need to report extra income. ...more

Entrepreneur

December 10, 20253 min read

Can you claim tax relief for making good damage by tenants?

Can you claim tax relief for making good damage by tenants?

When tenants cause damage, landlords often face repair costs, but can these be claimed for tax relief? Here’s how HMRC treats repair expenses, replacements, improvements, deposits and insurance receip... ...more

Property

December 09, 20252 min read

Correcting errors in VAT returns

Correcting errors in VAT returns

Form VAT652 has been withdrawn, changing how VAT errors must be corrected. Depending on the size and nature of the mistake, you may need to adjust your next return, submit the correction online, or wr... ...more

General

December 08, 20253 min read

Spreading tax payments if you can’t pay your tax bill

Spreading tax payments if you can’t pay your tax bill

Struggling to pay your tax bill? HMRC offers several ways to spread payments, from Time to Pay arrangements to coding adjustments and Budget Payment Plans. Here’s what taxpayers need to know. ...more

Entrepreneur

December 04, 20253 min read

Deductions for additional costs imposed by the Renters’ Rights Act

Deductions for additional costs imposed by the Renters’ Rights Act

The Renters’ Rights Act 2025 brings new responsibilities, and new costs, for landlords. Here’s how these changes affect what you can claim as allowable expenses in your property rental business. ...more

Property

December 03, 20253 min read

Utilising the tax exemption for Christmas parties

Utilising the tax exemption for Christmas parties

Planning your Christmas party? Make sure you’re making the most of HMRC’s £150 annual event exemption. Here’s what employers need to know to keep celebrations tax-free for staff. ...more

General

December 02, 20253 min read

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