Knowledge Hub

All of the latest tax and finance information

Got an HMRC nudge letter? Here’s why

HMRC has been sending out what are known as ‘nudge’ letters and follow-up texts to taxpayers who may have needed to estimate some of their calculations for the 2024/25 tax return. It has identified taxpayers that it believes have included ‘round sum’ estimates in...

Making Tax Digital For Income Tax has arrived – here’s what you need to do

Making Tax Digital (MTD) has finally arrived, having gone live on April 6, 2026, and it is going to change the way those affected must keep digital records, submit quarterly updates, and submit their final tax return through compatible software. If you are...

Cashflow: The Lifeblood of Your Business in an Uncertain World

Introduction: Why Cashflow Matters More Than Ever The business environment for UK SMEs...

Savers could face an unexpected tax bill

Savers making the most of the rise in interest rates could get an unexpected tax bill if they breach the Personal Savings Allowance (PSA). The PSA was introduced in April 2016, and it allows basic rate taxpayers to earn up to £1,000 in interest on their savings per...

Household bills rise in April – here’s what to expect

Household bills have begun rising in April, with a raft of increases set to make it harder to make ends meet. Everything from council tax to water bills are rising at the start of the new tax year, and it is important to understand what is changing so you can deal...

Renters’ Rights Act came into force on May 1, 2026

New obligations for landlords and new rights for tenants are coming into force from May 1 as the Renters’ Rights Act is implemented. The changes are designed to give tenants more rights than they have previously enjoyed, and to ensure landlords are not operating in...