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Owners urged to review holiday lets as tax changes bite
The special tax treatment of eligible furnished holiday lets (FHLs) was abolished in April 2025. It means all income and gains from FHLs are now taxed in the same way as other rental properties. The income from FHLs can no longer be included as relevant UK earnings...
Five allowances to use before tax year end
Using your allowances has become more important than ever as the cost of living and inflation have increased. Tax wrappers such as ISAs and pensions offer significant long-term benefits. The right plan depends on your individual circumstances and may involve...
Preparing for the unexpected: protecting your income in illness
Income protection pays out a regular income following a valid claim, while critical illness cover pays out a one-off lump sum that can be used to clear debts, pay for treatment or make lifestyle changes. The cost of cover depends on your age, health, and occupation,...
How to avoid inheritance tax traps
Few taxes arouse as much concern – and misunderstanding – as inheritance tax (IHT). Whether you’re a saver, investor, farmer or business owner, the rules are complex, and upcoming reforms mean the landscape is shifting. From April 2026, some farmers and...