Helping family or friends with their tax

Helping family or friends with their tax

by | Jul 17, 2025 | Income Tax

Need to help a relative or friend with tax? HMRC’s Trusted Helper service makes it quick and easy to support someone online. Whether it is checking Income Tax, updating their personal details or reviewing taxable benefits like company cars or medical insurance,...
Goodbye remittance basis hello FIG

Goodbye remittance basis hello FIG

by | Jul 10, 2025 | Income Tax

Since 6 April 2025, the remittance basis of taxation for non-UK domiciled individuals (non-doms) has been replaced by the Foreign Income and Gains (FIG) regime. This shift marks a significant change, as the new FIG regime is based on tax residence rather than...
Struggling to fund your July tax payment?

Struggling to fund your July tax payment?

by | Jul 10, 2025 | Income Tax

The second 2024-25 payment on account for self-assessment taxpayers is due on 31 July 2025. If you are finding it difficult to meet this tax bill, there are options available to ease the burden. Taxpayers with liabilities of up to £30,000 can use the...
Do you have additional income streams?

Do you have additional income streams?

by | Jul 3, 2025 | Income Tax

Side income over £1,000 may mean filing a tax return. HMRC is urging part-time earners to check their tax position for 2024–25, especially if they earn from casual work, renting, or crypto. If you are earning extra income it is important to be aware...
What if you no longer need to submit a tax return

What if you no longer need to submit a tax return

by | Jul 3, 2025 | Income Tax

You must tell HMRC if you no longer need to file a tax return. Whether you have stopped trading or no longer rent out property, notifying HMRC early avoids penalties and keeps your records up to date. If your circumstances have changed and you believe you no...
Tax returns for a deceased taxpayer

Tax returns for a deceased taxpayer

by | Jul 3, 2025 | Income Tax

You may need to submit tax returns for someone who has died. As the personal representative, you are legally responsible for reporting income earned before and after death. This person, known as the ‘personal representative’, is legally...