The Reform deputy leader’s property firm avoided paying nearly £600,000 in tax The Labour Party has called for the tax department, HMRC, to investigate Richard Tice’s tax affairs, after an investigation found his company dodged nearly £600,000 in tax. The Times reported that Tice’s property company Quidnet Reit did not pay any tax on multimillion
Jon Williams explains everything dental professionals need to know about tax, particularly when transitioning from NHS to private dentistry. Transitioning from NHS dentistry to private practice is a significant professional milestone. Alongside greater clinical autonomy and income potential, it also brings new financial responsibilities – particularly around tax. For private dentists, the goal isn’t aggressive
Like most taxpayers, you enter tax season with a singular goal — to save as much money as possible. It’s a good goal. But all the ins and outs of the tax code might make you feel like it’s difficult to achieve. It’s not, as long as you have the right moves. Read More: What
Key changes to the tax are coming in soon A tax is being expanded soon(Image: Getty) HMRC has subtly lifted tax bills over the years, resulting in people paying thousands more. This pertains to an extremely unpopular tax that will be broadened from next year. Significant changes are on the horizon for inheritance tax. The
Making Tax Digital (MTD) for income tax will start rolling out from next month, but many landlords and sole traders are still unclear about what the changes involve. Research by software firm Wolters Kluwer found that while two thirds of landlords say they are familiar with the new rules, almost half of sole traders admit
Davies, 44, said some letters from the council had arrived late because of delayed deliveries and she ended up facing threats of court action and bailiffs. “I ended up being in a lot of trouble Christmas time, money-wise,” she said. “I didn’t think I was going to be able to get stuff for my kids
In short, if you don’t understand the HMRC tax rules, you could pay more than you need to. This guide breaks down how State and private pensions are taxed, when you can take money tax-free, and what happens if you live abroad or pass your pension on. What income counts for Pension Tax? Question: Which
The current tax year ends in just a few weeks, yet new research found 74% of people don’t know when the financial year draws to a close. The study by Interactive Investor also found 23% think the tax year ends after 5 April and a further 21% didn’t know what ‘tax year end’ refers to
All 153 top-tier local authorities in England – county councils, London boroughs, metropolitan boroughs and unitary authorities – have confirmed the percentage by which they are raising council tax from next month. Here is the full list of confirmed council tax rises for 2026/27 by top-tier local authorities in England, compiled by the Press Association.
Wealthy expats who moved to Dubai to escape the UK’s rising taxes are being warned about the fiscal implications of returning amid the Iran war. Location such as Dubai have attracted wealthy households in recent years amid frozen thresholds and tax allowances in the UK, which have caused fiscal drag. Many expats who moved to