
Self Employed Income Tax Rate & Allowance: 2025/26 Tax Year Guide
Contents Working for yourself comes with many rewards, but understanding your tax obligations is also paramount. Unlike employees who have tax deducted automatically through PAYE,

Contents Working for yourself comes with many rewards, but understanding your tax obligations is also paramount. Unlike employees who have tax deducted automatically through PAYE,

When buying a property in the UK, stamp duty is a crucial consideration as it can add thousands to the purchase price.

The days of crypto anonymity are coming to an end. From January 2026, HMRC will begin receiving automatic data on UK taxpayers’ cryptoasset activities from

The removal of P11D forms, replaced by mandatory payrolling of benefits in kind (BIK) by April 2026, is deferred for 12 months. This was first

From 6 April 2025, changes to company car tax came into effect. These new rates can affect how much Benefit-in-Kind (BIK) tax you pay. These

Stamp duty land tax SDLT is the tax imposed on buyers for the properties or pieces of land they bought in England or Northern Ireland.

Contents Property purchases in the UK must be paid stamp duty by the buyer. In England and Northern Ireland, it is called Stamp Duty Land

HMRC is currently writing to people that have been impacted by an old administrative error. This error was related to Home Responsibilities Protection (HRP). If

The Construction Industry Scheme (CIS) is a tax deduction system that applies to most construction workers in the UK.

Contents Being self-employed in the UK comes with a mix of challenges and opportunities. On one hand, individuals gain invaluable flexibility and autonomy, setting their
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Fahad is a Chartered Certified Accountant (ACCA), with a motto “When “why” is clear, “how” is easier”. He is proficient in numeracy and impassioned with giving concise advice to a wide range of clients.
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The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.

The Bank of England (BoE) issued a sharp warning on 8 October 2025, cautioning that certain AI and technology stocks may be overvalued, particularly those

The Bank of England and HM Treasury began formally considering a national digital currency in 2021, launching a joint taskforce to explore what’s now called

Chancellor Rachel Reeves has confirmed the Autumn Budget will take place on 26 November 2025. As with the Spring Statement earlier this year, this annual

The UK economy may look like it’s picking up speed. In the second quarter, GDP rose by 0.3%, a sign that things are moving in
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The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.
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