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Business asset disposal relief (BADR) offers a reduced rate of Capital Gains Tax (CGT) when you sell a business; shares in your company; or qualifying business assets, subject to certain conditions. For the tax years 2026-27 and 2027-28 eligible disposals benefit from a CGT rate of 18%.

For qua...

The income tax rates applying to property and savings income were due to increase by two percentage points from April 2027, as announced at Budget 2025. The Chancellor has now announced plans to add a further two percentage points taking the total increase to four percentage points at each level o...

The new digital record-keeping requirements will come into effect from April 2027 for individuals with gross self-employment and/or property income ('qualifying income') above £30,000. If you are a sole trader and/or a landlord and your qualifying income on your 2025-26 tax return is above £30,000...

If you earn money from a hobby or 'side hustle' you can generally earn up to £1,000 per tax year without paying any tax. This is known as the trading allowance.

The Chancellor has announced a trebling of the trading allowance to £3,000 from 6 April 2027.

Where an individual generates income fr...

The State Pension is set to increase by 3.9% in April 2027, taking the full State Pension to £13,037. Because the income tax thresholds will remain frozen as planned until 2031, this will push recipients of the full State Pension above the Personal Allowance of £12,570 making them liable to income...