Stay informed with free updates Simply sign up to the Professional services myFT Digest — delivered directly to your inbox. A former top EY executive is launching a UK tax business backed by private capital group EQT Partners in a bid to challenge the Big Four accountancy firms’ dominance of the sector. Jeff Soar, who
NoDerog / Getty Images/iStockphoto Tax refund season usually comes with a little spark of joy — maybe it’s a weekend getaway, finally upgrading your phone, or even paying down debt. But if you’re already counting on a big check in 2026, it might be worth hitting pause. A handful of changes — from tax law
More than 1.9 million people could lose out More than 1.9m are set to lose all or part of their tax-free personal allowance in the current tax year(Image: draganab via Getty Images) 1.9 million taxpayers face losing all or part of personal tax allowance this year More than 1.9m are set to lose all or
The Personal Allowance has been frozen at £12,570 since 2021, but you can earn an additional £7,500 tax-free with HMRC’s rent-a-room scheme by letting out a room in your home Alex Evans Deputy Audience Editor 08:45, 08 Mar 2026 A HMRC scheme will see tax-free Personal Allowance rise(Image: Getty) The tax -free Personal Allowance has
Supporting a family while living paycheck to paycheck is already daunting. You’re living with a fiscal sword of Damocles swinging over your head, waiting for the emergency or unexpected expense that will cut it loose. That anxiety can get even worse during tax season. What can you possibly do to ensure your family saves as
Whether it is reviewing your budgets or modelling the financial impact of changes, we can help you plan for whatever the year ahead brings. How will rising employment costs affect businesses? The Autumn Budget 2025 struck businesses once again with the increase to the National Living Wage (NLW) and National Minimum Wage (NMW). From April 2026,
It’s surprising how many couples don’t make use of the marriage allowance for Income Tax, according to tax experts. State pensioners can get HMRC tax-free Personal Allowance boosted by over £8,000 Two HMRC allowances can boost state pensioners’ Personal Tax Free Allowance by over £8k. It’s surprising how many couples don’t make use of the
On his podcast, the founder of MoneySavingExpert has broken down the complex rules behind Inheritance Tax, explaining how allowances work and why many estates never end up paying the charge. Inheritance tax is the levy applied to someone’s estate when they die, including assets such as property, savings, investments, businesses and other valuables. But Lewis
With the new tax year starting on April 6, now is the time to make sure you’ve used valuable tax-free allowances before they reset Do your end of tax year checklist now(Image: Prostock-Studio via Getty Images) Vicky Parry of MoneyMagpie speaks to financial experts including Jasmine Birtles and Ruby Layram about the simple moves –
On his podcast, the founder of MoneySavingExpert has broken down the complex rules behind Inheritance Tax, explaining how allowances work and why many estates never end up paying the charge. Inheritance tax is the levy applied to someone’s estate when they die, including assets such as property, savings, investments, businesses and other valuables. But Lewis