Tax Planning — Guides, Tips & Expert Advice
Tax planning strategies, allowances, reliefs, and tips to reduce your tax bill legally.
178 articles on Tax Planning
Section 24 Explained: How It Affects UK Landlords in 2025/26
Understand how Section 24 restricts mortgage interest relief for landlords, how the 20% tax credit works, and what strategies are available to mitigate the impact.
50 Tax Deductions Every UK Sole Trader Should Know
A comprehensive reference guide to 50 tax-deductible expenses for UK sole traders, organised by category with specific HMRC rules for each.
VAT Flat Rate Scheme: Is It Right for Your Business?
A plain-English guide to the VAT Flat Rate Scheme — how it works, the sector percentages, the limited cost trader test, and whether it will save your business money.
Working from Home Tax Relief: What You Can Claim in 2025/26
A practical guide to claiming working from home tax relief for the 2025/26 tax year, including the flat rate method, actual costs calculation, and what HMRC accepts.
Loss Relief for Sole Traders: How to Use Business Losses to Reduce Tax
How sole traders can use business losses to reduce their tax bill through sideways relief, carry back, carry forward, and more.
Tax When You're Both Employed and Self-Employed
How tax works when you have both PAYE employment and self-employment income, including NI, personal allowance, and coding notices.
Reclaiming VAT on Purchases Before VAT Registration
You can reclaim VAT on purchases made before you registered. Here are the time limits, rules, and how to claim.
The VAT Threshold 2025/26: When You Must Register
When you must register for VAT in 2025/26, the £90,000 threshold, voluntary registration benefits, and penalties for late registration.
VAT Input Tax Recovery: What You Can and Can't Reclaim
A clear guide to VAT input tax recovery rules, including blocked items, partial exemption, and pre-registration reclaims.
Overlap Relief Explained: What Happens When Basis Periods Change
Overlap relief explained for sole traders affected by basis period reform, with worked examples and how to claim.
Rent-a-Room Scheme: Earn £7,500 Tax-Free in 2025/26
How the Rent-a-Room scheme lets you earn up to £7,500 tax-free from a lodger or Airbnb guests in 2025/26.
Section 24 Mortgage Interest Relief: How It Affects Your Tax in 2025/26
How Section 24 restricts mortgage interest relief for landlords in 2025/26, with worked examples and strategies to reduce the impact.
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