by Ali Miah | 22 Jan 2026 | Uncategorized
Rental losses don’t always need to be reported to HMRC when they arise. Find out when you can still use previous rental property losses to reduce tax once your property becomes profitable.
by Ali Miah | 19 Jan 2026 | Uncategorized
The government has revised its proposed inheritance tax reforms affecting Agricultural Property Relief (APR) and Business Property Relief (BPR). The 100% relief cap is now set at £2.5m per person from 6 April 2026, offering significantly more protection for family farms and trading businesses.
by Ali Miah | 2 Jan 2026 | Uncategorized
Proposed changes to #inheritance #tax reliefs for #farms and #family #businesses have been among the most contentious measures announced in recent Budgets. Following sustained criticism particularly from the agricultural sector the government has now confirmed a significant softening of its original plans. So what has changed?
by Ali Miah | 16 Dec 2025 | Uncategorized
How gift holdover relief currently works
Gift holdover relief allows capital gains tax (CGT) to be deferred when certain assets are given away, provided both the person making the gift and the recipient jointly elect for the relief. In the context of shares in a trading company, this relief is commonly used by owner-managers passing their business to the next generation, enabling a transfer without an immediate CGT charge.
by Ali Miah | 11 Dec 2025 | Uncategorized
Sneaky #Tax Change is a Blow for Side Hustles
From the 2029/30 tax year onwards, HMRC plans to make PAYE coding adjustments mandatory for eligible taxpayers. Crucially, the change goes even further: the first year of the new system will not only collect any underpayment from the prior year but will also collect an estimated liability for the current year.
by Ali Miah | 1 Dec 2025 | Uncategorized
Government Quietly Confirms Significant Change to Personal Tax Reliefs