UK Income Tax Brackets Explained: How Much Tax You'll Pay at Each Salary Level 2025

UK Income Tax Brackets Explained: How Much Tax You'll Pay at Each Salary Level 2025

As we approach the 2025 tax year, understanding how income tax works in the UK is essential for effective financial planning.

Do Sole Traders Pay VAT? A Simple Guide to VAT Rules in the UK

Learn when sole traders need to register for VAT and how to charge, reclaim and submit VAT returns.

Spring Statement 2025

Chancellor Rachel Reeves today delivered her Spring Statement, outlining the Labour Government’s economic priorities and reaffirming a commitment to fiscal discipline and long-term investment.

Will Trump’s tariffs impact your business?

President Trump’s tariff proposals are creating uncertainty in global markets.

Time is running out to check for gaps in your State Pension!

If you have had career breaks, worked abroad, or earned below the National Insurance (NI) threshold, you could have gaps in your State Pension.

Upcoming Inheritance Tax changes that could affect you

Upcoming changes to Inheritance Tax (IHT) will be phased in over the next two years.

Why you need to meet with your accountant before April

As the end of the tax year approaches, it is a good time to review your personal tax position and ensure you are making the most of available allowances.

Paying your employees will cost you more after 6 April

From 6 April 2025, changes to employer National Insurance Contributions (NICs) will take effect, increasing payroll costs for many businesses.

Planning your exit? Watch out for the BADR changes

If you are thinking about selling your business, timing could be everything.