Published: 26th February 2026 A Critical Warning. If you're running a close company with an overdrawn director's loan account, you're sitting on a potential financial crisis that's about to get significantly more expensive. From April 2026, the section 455 tax charge is jumping to 35.75%  on loans made on or after 6 April 2026. That's a two-percentage-point increase from today's 33.75% rate—and it represents real money coming directly out of your pocket. The tax charge is mer

As the 5th of April deadline looms, business owners and individuals have a shrinking window to maximize tax relief opportunities. Now is the time to fine-tune your income extraction strategy, ensure your planned dividends are backed by sufficient reserves, and take advantage of pension contributions, capital allowances, and benefit planning. Don’t miss the chance to lock in valuable reliefs before the tax year ends—acting now could mean significant savings.

Published: 24 February 2026 HMRC has resumed direct recovery from bank accounts for unpaid tax debts over £1,000, warns an announcement by BR Pusser & Co Ltd. HMRC has resumed using its Direct Recovery of Debts (DRD) powers—an enforcement tool that allows it to recover unpaid tax directly from bank and building society accounts in specific circumstances. This matters because DRD was paused during the pandemic. Now it’s back in what HMRC calls a “test and learn” phase, and it

As March arrives and people start preparing for their tax return, many ask whether they should spend money now to reduce their tax bill. The article explains that spending purely to “save tax” is usually a false economy, because tax relief only covers a percentage of the cost—meaning you still end up out of pocket overall. It encourages readers to focus instead on claiming all allowable expenses, keeping accurate records, and making purchases only when they’re genuinely neede

Making Tax Digital (MTD) is transforming how UK taxpayers manage their tax affairs. This government initiative aims to make tax administration simpler, more accurate, and less time-consuming by moving tax records and submissions into a fully digital environment. Whether you run a small business, work as a sole trader, or manage rental income, understanding MTD is essential to stay compliant and avoid penalties. This guide explains what Making Tax Digital means, who must regis

Facing rising costs, supply chain challenges, and a growing skills gap, the UK construction industry is adapting fast. Firms are focusing on innovative training programs, new technologies, and sustainable building practices to overcome these pressures and thrive in 2026.