Why Poor Record Keeping Can Cost Foster Carers Thousands in Tax (UK)
If you’re a foster carer in the UK, chances are you didn’t get into this role because you love spreadsheets, receipts, or tax returns. You …
How Qualifying Care Relief Works (2025/26 UK Rules) and Why Many Foster Carers Miss Out
If you’re a foster carer in the UK, there’s a high chance you’re either: And that usually comes down to one thing: Lack of awareness …
What Happens If Foster Carers Don’t Register for Self Assessment with HMRC (UK Guide 2026)
Foster carers often assume tax doesn’t apply, and that’s where problems quietly begin If you’re a foster carer in the UK, you’ve probably heard this …
Overpaying Income Tax on Rental Profits (UK Landlords Guide 2026)
Landlords across the UK are unknowingly overpaying income tax on rental profits Many UK landlords assume their tax bill is correct simply because their accountant …
P11D Form Guide for UK Businesses (2026 Update)
Running a growing business in the UK often means offering benefits to attract and retain good employees. These benefits might include a company car, private …
Private Fuel Benefit in the UK (2026 Guide): Tax Rules, Calculation & How to Reduce the Charge
Private Fuel Benefit: Complete UK Guide for 2026 Many UK directors and employees receive company cars with fuel paid by their employer. While this may …
FHL Period of Grace Election (UK) – Updated Guide After the April 2025 Tax Changes
For many years, Furnished Holiday Lets (FHLs) in the UK enjoyed a special tax regime that offered several advantages compared with standard residential buy-to-let properties. …
Incorporation Relief: What the 2025 Budget’s New Claim Process Means for Business Owners and Landlords
Introduction Incorporation is a significant milestone for many businesses. It offers numerous advantages, including personal asset protection, lower corporate tax rates, and easier access to …
SDLT and exchanging the main residence
A supplement applies on top of the residential stamp duty rates where a person has two or more residential properties. The SDLT supplement is set …
Taking dividends from a property company
Where a property business is operated through as property company, the profits need to be extracted if they are to be used personally. One of …
Holiday lets and 2026 business rates
The abolition of the furnished holiday lettings and 2026 business rates regime abolished day counting for tax purposes from 6 April 2025 onwards. However, where …
Charging interest where a director’s loan account is in credit
A director’s loan account (DLA) is an accounting record that tracks funds owed by a company and its individual directors. Usually, a DLA will be …
