Simple Assessment vs Self Assessment – How the difference affects your bill and your peace of mind

Those filing Self Assessment tax returns may have discovered that their 2025/26 bill is lower than anticipated or may have discovered that they are entitled to a refund.

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Increased tax on rental income: What does this mean for landlords and property investors?

The Chancellor has announced a four-percentage-point increase in the tax charged on property income, doubling the rise landlords previously expected.

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How has the Autumn Budget changed my side hustle?

Side hustles come in all shapes and sizes, from selling clothes on Vinted to baking homemade goods and selling them in an honesty box.

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Has the breathing room budget left businesses choked by employment costs?

The much-anticipated 2026 Autumn Budget may have left many surprised by the lack of major announcements, but the event did reveal some core points that businesses and individuals should take to heart.

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£936 million IHT paid in September: Why is it no longer a tax for the super-wealthy?

The Treasury reported a historic £936 million in Inheritance Tax (IHT) receipts for September – an increase of £265 million on the same month last year.

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Tis the most expensive season of the year: Understanding tax on side hustles ahead of the Christmas scramble

It is no secret that Christmas is an expensive time, from the cost of buying presents to the seemingly never-ending stream of food that needs to be bought.

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Profit and Loss reporting changes finally put to rest

The ongoing story of Profit and Loss (P&L) reporting changes has finally reached its conclusion.

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When is a gift exempt from Inheritance Tax? The seven-year rule explained

According to recent research, the amount of Inheritance Tax (IHT) paid on gifts rose by £13 million when compared to the previous year.

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A mistake plus Keleven gets you home by seven: The importance of properly balancing your books

The Office, a US-based sitcom, saw a new accounting function created just so the TV show’s accountant, Kevin, could get home by seven.

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Do the Autumn Budget and the Real Living Wage leave businesses stuck between a rock and a hard place?

The highlight of the financial calendar, the 2026 Autumn Budget, is nearly upon us and employers and employees alike are eagerly waiting to see how their fortunes may change.

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