Benefits-in-Kind Guide for Employers | 2025/26 Tax Updates
A guide for employers to Benefits-in-kind If you’re an employer, it’s important to understand how Benefits-in-kind work — what counts as a benefit, how it’s taxed, how it impacts both employees and the business. These rules apply to directors and employees alike, and...
Profit Extraction Strategies for Limited Companies 2025/26
Profit Extraction: Smart Strategies for 2025/26 Understanding profit extraction is essential if you run a limited company. With ongoing changes to UK tax rates, National Insurance, allowance freezes and dividend tax adjustments set from the Autumn Budget 2025,...
Tax-Free Employee Health Benefits | Trueman Brown
Keep Your Team Fit and Healthy with Tax-Free Employee Health Benefits At Trueman Brown, we help employers in Havering and beyond make the most of tax-free employee health benefits—a smart, compliant way to promote staff wellbeing while reducing costs. With over 25...
Garden for Private Residence Relief: 2025/26 Rules Explained
What counts as a garden for private residence relief? If you are selling or disposing of your only or main home, you may be eligible for what is commonly known as Private Residence Relief (PRR). One key question is whether the garden for private residence relief...
The tax implications of transferring assets between spouses
Local accountants and tax advisers, Trueman Brown, advise local couples that they can transfer assets between them at a value that gives rise to neither a gain nor a loss. What will be the implications of making the transfer. Although spouses and civil partners are...
Mansion Tax Explained: High Value Council Tax Surcharge
Mansion Tax: What the High Value Council Tax Surcharge Means for Homeowners The proposed mansion tax, formally known as the High Value Council Tax Surcharge (HVCTS), represents a significant change to how high-value residential property is taxed in England. Although...
Associated Companies & Corporation Tax Guide 2025/26
Corporation Tax – Are you part of a set of associated companies? At Trueman Brown we advise local businesses that, from 1 April 2023 and continuing into the 2025/26 financial year, the corporation tax regime has changed significantly — and crucially it depends not...
CIS Tax Trap Contractors Guide for 2025/26 | Trueman Brown
CIS Tax Trap Contractors: What Every Builder Needs to Know in 2025/26 If you’re a contractor or subcontractor working in construction, the phrase “CIS tax trap contractors” should sound some alarm bells. The Construction Industry Scheme (CIS) continues to be a key...
The Gift of Property: Understanding CGT and IHT
The Gamble of the Gift of Property: CGT, IHT or Both? (2024/25 Edition) When considering the gift of property under the UK tax rules for 2024/25, many people underestimate the latest changes. Passing a property to loved ones is more than just a legal deed—it has both...
First-time buyer relief for SDLT – investment property trap!
Local accountants and tax advisers, Trueman Brown, advise local taxpayers that if you’re a first-time buyer it is often the case that you don’t need to pay Stamp Duty, provided the purchase amount falls below certain thresholds. However, there is a sting in the tail...