HMRC’s self-assessment reminders warn of penalties if you don’t pay by 31 January — but that’s not the full story. While interest does apply immediately, late payment penalties don’t start until you’re 30 days overdue. Here’s what really happens, and what to do if you can’t pay on time.

One of the main reasons I recommend professional accounting services is their ability to improve overall financial management. They do more than just prepare tax returns or balance sheets. They offer a comprehensive approach to managing your finances.

Most people sleepwalk into a new year — but you’re not most people. This season is loaded with potential, and it’s yours to claim. Opportunity will pull you forward. Opposition will try to push you back. But you weren’t built to be pushed around by circumstances. Success doesn’t reward the most talented — it rewards the disciplined, the prepared, and the relentless. Step into 2026 with clarity, courage, and the confidence that your strongest, sharpest, most unstoppable self i

A hidden detail in the Budget reveals a major shift coming in 2029: employees with side hustles will be forced into earlier tax payments through PAYE. This change could squeeze cash flow, create unfair differences between taxpayers, and push small businesses closer to Making Tax Digital. Here’s what you need to know—and how to prepare.

Forming a partnership with your spouse can be one of the most effective ways to split income and reduce your joint tax bill — and HMRC’s own guidance surprisingly supports it. As long as both partners are entitled to income and capital, and you formalise the arrangement properly, the tax savings can be significant. Here’s what you need to know before you take the leap.

Charging your company interest on a director’s loan is one of the most effective — and least talked about — ways to extract profit tax-efficiently. When structured correctly, you can combine the savings starter rate, the personal savings allowance, and your personal allowance to receive interest payments with little to no tax. Here’s how to maximise the benefit while keeping HMRC firmly onside.

Flipping homes can be profitable, but tax rules may catch you out. Private Residence Relief (PRR) exempts gains from Capital Gains Tax if the property was your genuine main home. However, if your intent was to sell quickly for profit, PRR won’t apply and income tax may be due. Living in the property isn’t enough—document your reasons for buying, like proximity to work or personal needs, to support your claim. Intent matters more than duration.

With the cost of living rising, cashback sites and loyalty rewards can feel like a smart way to save — but not all rewards are tax-free. HMRC’s latest guidance explains when cashback and points count as personal perks, and when they become taxable business income. Here’s how to make sure your money-saving hacks don’t trigger an unexpected tax bill.

In business, truth and transparency aren’t optional—they’re essential. At B R Pusser & Co Ltd, we help you keep finances clear, make wise decisions, and build lasting trust.

More landlords are considering limited companies for their buy-to-let portfolios. This approach can offer tax advantages, asset protection, and inheritance planning benefits — but it also comes with higher costs and compliance responsibilities. Find out whether incorporating your property business could work for you.

Making smart financial moves: Opting for a loan from the company rather than extra salary or dividends. You recently borrowed a...

The UK inheritance tax system is undergoing sweeping reforms between 2025 and 2027, including a shift to a residence-based regime, tighter reliefs for business and agricultural assets, and the future inclusion of pensions within estates. With frozen thresholds and HMRC increasing its compliance activity, more families and business owners will find themselves affected. Now is the time to review your estate and succession planning to ensure your arrangements remain tax-efficien

If you’re the owner-manager of a limited company, you’ve got one big advantage when it comes to tax: you decide how and when you pay...

Your father died leaving his entire estate to your mother who later remarried. You’ll inherit some or all of her estate depending on whether she dies before her husband.

Turning unwanted items into extra cash can feel like a fun hobby or an easy side hustle. Whether you're selling homemade crafts, upcycling old furniture, or flipping products for profit online, it’s important to understand when this activity could count as trading — and when you need to tell HMRC.

It’s that time when the Christmas financial hangover hits and your self-assessment bill is on the way, so you might need a little extra...

From 6 April 2027, with some exceptions, savings held in registered pension schemes will be included in the value of an individual’s...

When considering the purchase of a vehicle for your business in the UK, it's essential to understand the tax implications and benefits....

It's crucial protection and more important than a will. A Power of Attorney (POA)  is one of the most important legal tools you can have...

The 2024 Autumn Budget  outlines several significant fiscal changes that will impact individuals, businesses, and various sectors of the...