Selling Your Home and Claiming Relief for a Private Principal Residence When you come to sell a property that has been your private principal residence, it’s essential to understand how the relief known as Private Residence Relief (PRR) operates, and what changes...
Preparing for making tax digital in the 2025/26 tax year The era of making tax digital is fast approaching. From April 2026, many sole traders, self-employed individuals and unincorporated landlords will need to adopt digital accounting and comply with the new...
Financing an Investment Property When you’re looking at financing an investment property, it’s essential to explore how you’ll fund the purchase and what tax reliefs may apply. Whether you’re borrowing personally, using limited company structures or a mix of both, the...
Incidental Expenses: A Useful Tax Relief for Overnight Business Travel When employees stay away overnight on business, they often incur incidental expenses—small costs such as newspapers, laundry or phone calls. The relief for incidental expenses enables employers to...
Company Demerger: How to Split a Business Tax-Efficiently A company demerger can be a strategic move for businesses looking to separate distinct operations, streamline ownership, or prepare for sale. Whether driven by family succession planning, departmental...
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