Moving abroad is an exciting chapter. Whether you’re relocating for work, retirement, a better climate or a new adventure, it’s easy to assume that once you’ve left the UK, you’ve also left the UK tax system behind. Unfortunately, that assumption can prove costly. Every year,
Read moreRealising you’ve missed a tax return can be worrying, but you’re certainly not alone. Whether you’ve recently discovered you should have registered for Self Assessment, forgotten to submit a return, or have outstanding tax returns from previous years, taking action sooner rather than later can
Read moreOriginally published September 11, 2023. Updated June 30, 2026 to reflect major cost of living increases. Do you know how much money you need to live comfortably in the UK? Most people don’t have a clue. And that’s understandable because it can get really complicated
Read moreMoving abroad doesn’t always mean leaving your UK tax obligations behind. While many British expats assume they no longer need to think about HMRC once they’ve relocated, the reality is often more complicated. Whether you own a rental property in the UK, continue to earn
Read moreOriginally published June 5, 2021. Updated June 11, 2026 to reflect major data changes. Record numbers of landlords set up buy to let companies in 2025. There were 66,587 to be exact. And that was a new record (up 8% from 61,517 in 2024) (according
Read moreIf you live in the UK but consider another country your permanent home, you’re likely classed as a non-UK domiciled individual (non-dom). The way non-doms are taxed is about to change significantly, with one of the biggest reforms seen in decades. According to Mike at
Read moreWhether you’re self-employed or managing rental properties, earning money is only half the story. The real challenge and opportunity is keeping more of it. With rising costs and increasing financial pressure, small changes in how you manage your money can make a meaningful difference over
Read moreWhether you’re thinking about winding down this festive season or perhaps are busier than ever, the Self Assessment deadline is approaching. This means it’s never been a better time to look over your business and its numbers – and ensure it all stacks up. One
Read moreWhether married, in a civil partnership or partners, two people in a relationship often share additional income. Most commonly, it’s from a property they rent out, but it can also come from a side-hustle business they run together, dividends they receive, savings interest or capital
Read moreAccording to Mike at GoSimpleTax, a government proposal to increase the Self Assessment tax return threshold for traders from £1,000 to £3,000 before the end of this parliament (2029) would mean 300,000 people (98% of them self-employed) no longer having to file a tax return.
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