Non-dom tax changes – why planning is vital
New tax arrangements for non-domiciled residents in the UK were introduced on 6 April 2025. Tax is now applied on all foreign income and gains for previous non-doms at the same rates and terms as for any other UK taxpayer. New arrivals who come to the UK after 10 or...
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,...