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As Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) draws closer, many agents and taxpayers are feeling the pressure. Understanding who needs to comply, when, and how can be a complex and time-consuming task—especially with rules that differ based on income types and thresholds. Thankfully, Croner-i has launched a game-changing tool to

Passing wealth to your children is a goal for many families — and when done right, it can significantly reduce the burden of Inheritance Tax (IHT). But while gifting assets may sound simple, the tax implications can be complex, especially when Capital Gains Tax (CGT) comes into play. Let’s break it down 👇 📆 The

As fiscal landscapes shift in the UK and beyond, businesses and individuals alike must stay ahead of evolving tax regulations. Here are the key developments this month: UK Government Borrowing Surges, Raising Prospects of Tax Increases In April 2025, the UK’s public sector net borrowing rose to £20.2 billion, exceeding forecasts and marking the fourth-highest

As the 2024/25 tax year draws to a close on 5 April 2025, now is the time to review your financial position and take advantage of available reliefs and allowances. Here are some key areas where you can take action to reduce your tax liabilities and plan ahead: 1. Pension Contributions Pension contributions remain one

In the UK, holding companies and group structures are powerful tools for entrepreneurs, investors, and business owners looking to scale operations, protect assets, and optimise their tax position. While often associated with large corporations, these structures are increasingly being used by SMEs and high-net-worth individuals to build long-term wealth. What Is a Holding Company? A