Pension allowances
Pensions remain one of the most tax-efficient ways to save for the long term. They can help reduce taxable income, support business owners’ extraction planning, and build retirement wealth in a structured way. Problems usually arise when contributions are made without first checking the rules. That is when an otherwise sensible pension contribution can trigger […]
MTD for income tax: Your April 2026 checklist
Making Tax Digital for income tax (MTD IT) starts from 6 April 2026 for sole traders and landlords with qualifying income over £50,000. For many businesses and property owners, the change is less about extra tax and more about changing how records are kept and how income is reported to HMRC through the year. HMRC […]