Personal Tax

Latest news

Image for tax risks consider if selling business 2026

Business | Tax risks to consider if selling a business in 2026

Changes to capital gains tax, business asset disposal relief and employee ownership trusts all add to the tax issues when planning a business exit, says Chris Spratling, founder of Chalkhill Blue

15 Jan 2026

Tax | Scottish Budget hikes basic tax threshold by 7.4%

Finance minister plans two new council tax bands for high value properties, increases threshold for lower earners, and earmarks private jet tax

13 Jan 2026

Tax | Q&A: 60-day capital gains tax reporting and losses

In this week’s Q&A, Julian Payne, adviser at Croner-I VIP Tax Team, explains the capital gains tax considerations when selling an investment property and attempting to offset losses against share sale

13 Jan 2026

Tax | 2026: the year the taxman counts every quarter

Lucy Mangan, partner and head of tax at Menzies, looks at the major changes coming down the track as the major overhaul of income tax reporting and shift to in-year reporting under Making Tax Digital signals a new world for taxpayers with multiple income streams

12 Jan 2026

Tax | Tax return warning on mid-year CGT rate change

A mid-year increase in the rate of capital gains tax in 2024 means HMRC’s online self assessment software cannot make calculations automatically

12 Jan 2026

Tax | Overnight tax on visitors to Scotland moves closer

Scotland is going ahead with plans to charge visitors an overnight tax when staying at hotels and B&Bs, but stops short of mandating nationwide

8 Jan 2026

Tax

Personal Tax

Image for salary sacrifice cuts can only mean smaller pension pots

Tax | Salary sacrifice cuts ‘can only mean smaller pension pots’

Worries about changes to salary sacrifice make 46% of pension savers fear smaller pension and higher tax bills

8 Jan 2026

Tax | Planning to retire in Europe: tax pros and cons

Federica Grazi, founder of Mitos Relocation Solutions, looks at the best options for Brits looking to retire abroad from entry and exit taxes to property, capital gains and inheritance tax

8 Jan 2026

Tax | Top 10 tips on filing self assessment tax returns

As the deadline for 2024-25 tax return filing approaches, Sarah Coles, head of personal finance at Hargreaves Lansdown gives her top 10 last minute tips

5 Jan 2026

Tax | Over 5.6m taxpayers still to file self assessment

With under four weeks until the deadline for self assessment, 5.65 million taxpayers still have to complete their 2024-25 tax returns

5 Jan 2026

Tax | Festive humbugs file 37k Christmas tax returns

More than 4,600 self assessment taxpayers filed their tax return on Christmas Day alone, escaping from the festive frivolities

2 Jan 2026

Tax | Do I need to file a self assessment tax return?

As the deadline for self assessment fast approaches, Nikki Richmond CTA explains who needs to complete a tax return and key issues to consider in the run-up to 31 January

23 Dec 2025

Tax | Father Christmas has world’s most complex tax affairs

As one of the most prolific globe trotters, Santa Claus’ tax affairs are also some of the most complicated

23 Dec 2025

Tax

Personal Tax

Image for farmers given ps25m allowance inheritance tax u turn

Tax | Farmers given £2.5m allowance for inheritance tax in u-turn

In a major u-turn, the chancellor Rachel Reeves has changed the threshold for agricultural and business property relief, raising it to £5m for couples

23 Dec 2025

Tax | First employment agency called out for using tax avoidance scheme

HMRC has flagged an Essex employment agency for the first time ever for using a widely used tax avoidance scheme to pay nursing and care worker candidates putting them at risk of unexpected tax bills

16 Dec 2025