• Shared home ownership

    Shared home ownership offers a more accessible route to owning a home for those who cannot afford the full deposit or mortgage on a property that suits their needs. Under this scheme, buyers purchase a share of a property, typically between 10% and

  • Making Tax Digital – important deadline dates

    Making Tax Digital for Income Tax (MTD for IT) will become mandatory in phases from April 2026. If you are self-employed or a landlord earning over £50,000 you need to be prepared for digital record keeping including making quarterly updates and for

  • Red tape eased for new cafes and bars

    Communities and town centres across the UK are about to get a serious boost. The Government has unveiled sweeping reforms aimed at slashing red tape so new cafés, bars, music venues and outdoor dining spaces can spring up in former shops and

  • Choosing a Business Rates Agency

    The Valuation Office Agency (VOA) has issued updated advice to help business owners choose and monitor business rates agents more effectively. A key message is that the name listed in the Check and Challenge service must match the name on the signed

  • IHT Unused Pension Funds and Death Benefits changes

    It was confirmed with the publication of the draft Finance Bill 2025-26 that measures first announced in the Autumn Budget 2024 to bring most unused pension funds and death benefits into the scope of Inheritance Tax (IHT) will start from 6 April

  • IHT Agricultural and Business Property Relief changes confirmed

    Despite intense lobbying by the farming community, the proposed reduction in IHT Business and Agricultural Property reliefs are included in the draft Finance Bill 2025-26. On 21 July 2025, the government published draft legislation for Finance Bill

  • Capital Gains valuations of goodwill

    Who values goodwill when a business is sold? HMRC’s Shares and Assets Valuation team takes the lead. Whether the goodwill belongs to a sole trader, partnership or limited company, HMRC’s SAV team will either accept the submitted valuation, give

  • VAT relief for the disabled

    VAT relief is available on goods and services for people with long-term illnesses or disabilities. There are special VAT reliefs available for certain people living with disabilities or long-term illnesses. These reliefs are generally available on

  • Current Inheritance Tax thresholds

    Married couples can pass on up to £1 million tax-free if they plan their estates carefully. The Inheritance Tax (IHT) nil-rate band is currently £325,000. This means there is normally no IHT to pay if an estate is valued below this threshold. This

  • Verifying your ID at Companies House

    You now need to set up a verified GOV.UK One Login to confirm your identity with Companies House. To verify your identity at Companies House, you can use the GOV.UK online verification service if you have one of several accepted photo identification