Dividend Waivers UK Guide 2025/26 | Trueman Brown Accountants
Using dividend waivers as a tax-planning tool When it comes to effective tax planning for company shareholders, dividend waivers can play a significant role. By deliberately arranging for a shareholder to waive their entitlement to a dividend, you can redirect profit...
Mortgage Interest Tax Relief Guide 2025/26 | Trueman Brown
Mortgage Interest Tax Relief – What Landlords in 2025/26 Need to Know If you’re a landlord, understanding mortgage interest tax relief is essential. With interest rates rising and tax rules changing, it’s more important than ever to know how your property income is...
Electric Vehicles: Tax-Efficient Benefits for 2025/26 | Trueman Brown
Are electric vehicles still a tax-efficient benefit? At Trueman Brown we recognise that choosing an electric vehicle can still bring significant tax advantages for companies and employees. The keyword electric vehicles appears right at the outset because it remains...
Business Property Relief Problems & 2025/26 Rule Changes
Understanding the risk of business property relief problems When it comes to succession planning for a business or unquoted company, business property relief problems can arise if you assume that relief will always be available unchecked. The relief commonly known as...
VAT Penalty Regime 2025: Avoid Fines & Stay Compliant
Understanding the New VAT Penalty Regime: What It Means for Your Business The new VAT Penalty Regime is now in full effect, making it more important than ever for businesses to stay on top of both VAT filing and payment deadlines. Under this updated regime, even small...
Pension payments – What tax relief is available?
Local accountants and tax advisers, Trueman Brown, advise local taxpayers about pension tax relief. To encourage pension savings, tax relief is available on contributions made to registered pension schemes. However, there are limits on the contributions that can...
Tax-Free Childcare Guide 2025/26 | Updated Rules & Advice
Understanding Tax-Free Childcare and Related Support If you’re exploring how to manage childcare costs, one of the key schemes to consider is tax-free childcare — the government-backed help that enables working families to receive a boost towards registered childcare...
Does Limited liability work? When a director can be sued by HMRC for unpaid tax
Local accountants and tax advisers, Trueman Brown, advise directors that HMRC can sue a director for non-payment of tax. It can be a risky business being a director of a UK company these days. It is a common myth that the limited liability status protects directors...
Essex Tax Advisers: File Your Tax Return by 30 December
File Your Tax Return by 30 December to Pay Tax Through PAYE Essex Tax Advisers at Trueman Brown remind taxpayers that if you owe £3,000 or less in tax for the 2024/25 tax year, you may be able to pay your bill through PAYE—but only if your tax return is filed by 30...
Understanding Tax Determinations: Updated HMRC Rules 2025/26
Tax Determinations – What You Need to Know When you fail to submit a self-assessment tax return, the term tax determinations comes into play. A tax determination is the formal calculation by HM Revenue & Customs (HMRC) of the tax they believe you owe. It is...