The UK income tax calculator is available in various versions according to the taxpayers’ employment status—employed, self employed, or a combination of both.
How much taxes a subcontractor pays depends on whether they are CIS and/or VAT registered. Our CIS calculator for tax deductions and rebates will
HMRC automatically class UK people who lived abroad for more than six months in a year as non-resident landlords, even if they are considered
HMRC incentivises early payment by paying companies a 0.5 per cent interest rate on their total company tax bill. To take advantage of this
Inheritance tax applies to the taxable portion of the estate and is charged at a standard 40%. With the right IHT planning, gifting millions
Capital gains taxes are paid on profits generated from asset sales or transfers in the UK once the annual allowance is exceeded. Rates depend
Contents Stamp duty tax rates vary in England and Northern Ireland, Scotland, and Wales. This article focuses on UK stamp duty rates for non-residential properties,
Our Experts
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.
Junaid has been instrumental in the achievement of our success across various regions and he specialises in business management, accounting and tax advisory services.
Faizan is good at providing well-thought-out strategies and solutions to complex problems in Business Development which makes him a proficient overseer of our clients.
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 end of the tax year brings a few certainties. One of them is an important document landing in your inbox or hand. So, what is a P60 exactly? In the UK, it is an official record of the total pay received, and the amount of tax and NICs deducted during that tax year.
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 digital asset platforms around the globe. This is all under a new international agreement known as the Cryptoasset Reporting Framework (CARF).
Almost every employee in the UK is eligible for workplace pensions. It’s mandatory for employers to set their employees for auto enrolment pensions, even if they only have one. This guide is for both, whether looking to strengthen compliance or understand how it affects their paycheck.
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 introduced in January 2024, but with several appeals, HMRC announced on 28 April 2025 that it will delay the implementation in April 2027.
Those who are self-employed or in a partnership need to know about a major tax change: “Basis Period Reform.” This new approach to taxing business profits in the UK aims to simplify things by aligning everyone’s tax calculations to the standard tax year. This guide breaks down everything in simple terms. Understand what is changing, how it impacts you, and what steps you may need to take.
LET’S DO BUSINESS
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.
[ninja_form id=’38’]
We provide services to our clients based on the principle of honesty, sound knowledge, reliability, and integrity, assuring the best quality and relevant advisory to our clients’ individual and business tax needs.
Monday to Friday:
9:00 AM – 5:00 PM
Citygate House,
246-250 Romford Road,
London, E7 9HZ
Our Locations: Stratford , London, Hounslow, Milton Keynes, Manchester , Glasgow, Bolton
© Legend Financial and Tax Advisers Limited is registered in England and Wales, Registration number: 08103572
