Understanding the High Income Child Benefit Charge
If you or your partner earn over £60,000 and claim Child Benefit, you may need to repay some or all of it through the High Income Child Benefit Charge.
Streamline your finances with expert bookkeeping and payroll solutions. We handle the numbers so you can focus on growth. Get a custom quote today!
If you or your partner earn over £60,000 and claim Child Benefit, you may need to repay some or all of it through the High Income Child Benefit Charge.
The optimal salary and dividend strategy for UK company directors in 2025/26 — how to extract profits efficiently while minimising tax and NI.
Basis period reform ended the 'current year basis' for sole traders from 2024/25. How the new tax year basis works and what transition year implications remain.
The Statutory Residence Test determines whether you are UK resident for tax purposes — affecting your liability for income tax, CGT, and more.
Gift Aid boosts charitable donations by 25% at no cost to you — and higher rate taxpayers can claim additional relief through Self-Assessment.
The Trust Registration Service requires most UK trusts to register with HMRC. Who must register, the deadlines, and what information is required.
Business rates are a property tax on non-residential premises. Who pays, how the rateable value is set, and how to appeal your assessment.
What happens if you pay Corporation Tax late — interest, penalties, and how to set up a Time to Pay arrangement with HMRC.
A director's loan account tracks money owed between a director and their company. Overdrawn accounts trigger Section 455 tax and benefit-in-kind charges.
Stamp Duty Land Tax applies to most UK property purchases over £125,000. Rates, reliefs, surcharges, and how to calculate and pay SDLT.
SEIS offers 50% income tax relief on investments in qualifying early-stage UK companies — plus CGT exemption and loss relief. How to claim it.
RDEC is the R&D tax credit available to large companies and some SMEs. How it works, the 20% credit rate, and how to claim from April 2024.