May 2025 - Page 2 of 5

22 May 25

How should multiple self-employed incomes be treated

Running more than one self-employed business? HMRC will not always treat them as separate. Whether they are taxed as one combined trade or multiple depends on how your activities

22 May 25

Changes to IHT from April 2025

From April 2025, Agricultural Property Relief from Inheritance Tax now extends to land under qualifying environmental agreements. This means landowners entering long-term

22 May 25

Changes to tax status of non-UK domiciles

From 6 April 2025, the remittance basis for non-doms is abolished. A new UK tax regime now applies to non-domiciled individuals, focused solely on residence. New arrivals can

22 May 25

Deferring gains using Incorporation Relief

Thinking of transferring your sole trader or partnership business into a limited company? Incorporation Relief can help defer any capital gains tax on assets like goodwill. If the

22 May 25

Pension tax-free lump sums

Turning 55 soon? From April 2028, the minimum pension access age rises to 57. If you are planning to draw your pension, you could take up to 25% tax-free. Make informed choices

19 May 25

The legal responsibilities of directors

When someone agrees to become a director of a UK limited company, they take on a set of legal responsibilities defined under the Companies Act 2006 and other relevant legislation.

19 May 25

The value of applying for trade marks

A trade mark is a vital tool for protecting the identity and reputation of your business. It can take the form of a name, logo, slogan, shape, or even a sound, and once registered,

15 May 25

The transition from FHL to Property Rental business

Tax perks for Furnished Holiday Lets have ended. From April 2025, lettings fall under standard rental rules. Check the transition rules to avoid surprises. The tax advantages that

15 May 25

The importance of discretion – don’t send inappropriate messages during working hours!

An Employment Tribunal confirmed that using an employer's preferred method of communicating with employees to send offensive messages can serve as a ground for dismissal. A

15 May 25

MTD for Income Tax deadline is approaching

MTD for Income Tax starts 6 April 2026 for the self-employed and landlords with £50k+ income. Plan early to stay compliant and avoid disruption. MTD represents one of the most

Month: May 2025

How should multiple self-employed incomes be treated

Changes to IHT from April 2025

Changes to tax status of non-UK domiciles

Deferring gains using Incorporation Relief

Pension tax-free lump sums

The legal responsibilities of directors

The value of applying for trade marks

The transition from FHL to Property Rental business

The importance of discretion – don’t send inappropriate messages during working hours!

MTD for Income Tax deadline is approaching

Penalty points for late filing of VAT returns

Paying tax arrears using HMRC payment plans

Set up your tax app with HMRC

SJPR