Business

Making Tax Digital (MTD) for Income Tax is on its way, and it's HMRC's big push to get everyone's tax affairs online

“HMRC can just TAKE your money!”
“Big Brother is watching your bank!”

Running a limited company, whether as a freelancer, solopreneur, or with a small family team, offers flexibility and tax advantages. Here's how you can optimise your finances:

Between rising Corporation Tax, National Insurance hikes, and inconsistent income, it’s no wonder so many small business owners feel totally overwhelmed come tax time.

Used the right way, your van can be a valuable and tax-efficient business tool. Used the wrong way, it could land you with an unexpected tax bill.

To encourage pension savings, tax relief is available on contributions made to registered pension schemes.

Most of our clients aren’t full-time landlords. You might be renting out a flat you used to live in, or letting a property for some extra income. If that’s you, here’s a straightforward guide to what mortgage interest you can claim against your rental income.

However, with the rules changing again from 2025, it’s a good time to assess where things stand now, what’s coming next, and what business owners need to be aware of.

🗞 Government Announcement

On 4 July 2025, the government announced the halt to these reforms, stating the current timeline is “too burdensome” for small businesses and freelancers.