Tax

From Non-Dom to Residence: What the New UK Tax Rules Mean for You

If 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

How to Keep More of What You Earn This Year

Whether 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

Your year-end tax health check: are you missing any allowable expenses?

Whether 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

Can I file a joint Self Assessment tax return with my partner if we share income?

Whether 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

Proposed tax return threshold increase: welcome news for side-hustlers

According 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.  

Six steps to help get yourself ready for MTD for Income Tax

Making Tax Digital for Income Tax – you’ve heard of it, right? You know how it will impact you, when it’s being introduced and how it will change things? You may even have received a letter from HMRC telling you about it. None of that