You might pay 20% Income Tax, but that doesn’t necessarily mean you’ll pay Capital Gains Tax at 18%. We’ve had two conversations with clients this week which highlighted a very common misunderstanding about Capital Gains Tax (CGT). Both clients were basic rate taxpayers for Income Tax and both assumed that, because they paid Income Tax
Author Archives: Samantha Green
Changes to Tax Rates & Thresholds, Corporation Tax, HMRC Updates & Changes, Important News from HMRC, Self-Assessment/ Personal Tax, Tax Planning & Saving Tips, Year-End Preparation Tips
Autumn Budget 2026: What does it mean for you and your business?
The Autumn Budget 2026 has been announced, bringing changes to tax, business expenses, employment costs and household finances. But what do these changes actually mean for you? Whether you’re a sole trader, limited company director, landlord or employee, some of the announcements could affect how much tax you pay and how you plan your finances.
Allowable Limited Company Expenses, Common Bookkeeping Mistakes, Self-Assessment Tips for Sole Traders, Tax Planning & Saving Tips, VAT Tips for Small Businesses
Christmas business gifts and parties: What can you claim against tax?
Christmas is a time for showing appreciation. Whether you’re sending hampers to clients, buying your team a bottle of wine or organising the office Christmas party, it’s important to understand what HMRC will allow you to claim. The rules aren’t always straightforward. A Christmas gift might be a genuine business expense but still not qualify
Self-Assessment/ Personal Tax, start-ups
Partnership or Limited Company: Which is right for your business?
When you start working for yourself, choosing a business structure probably isn’t at the top of your list. You’re more likely to be thinking about finding customers, doing the work, sending invoices and getting paid. But as the business grows – particularly if you’re working with someone else – the way you structure the business
Tax Planning & Saving Tips, Year-End Preparation Tips
Why didn’t my accountant tell me? Reactive vs proactive accounting explained
It’s a conversation we’ve had more than once over the years: “I wish I’d known that before the year-end.” “I didn’t realise there was a way to reduce my tax bill.” “Why didn’t my accountant tell me?” The truth is, your accountant probably wasn’t trying to keep secrets. More often than not, it comes down
MTD for Income Tax (ITSA), Organising Your Receipts & Invoices, Self-Assessment Tips for Sole Traders, Self-Assessment/ Personal Tax
The Tax Return mistakes that cost people time, stress and money
When it comes to self-assessments, most people fall into one of two groups. The first group starts gathering information months in advance, keeps everything organised and submits their tax return without a hitch. The second group spends January frantically searching through emails, bank statements and paperwork, trying to remember whether they received interest, dividends, pension
Allowable Limited Company Expenses, Tax Planning & Saving Tips
The easiest tax-saving director hacks for your Limited Company
Running a limited company comes with plenty of opportunities to save tax legally and efficiently. Here are some of the easiest and most commonly missed director expenses and exemptions for the 2026/27 tax year. 1) Use of home office If you work from home and your company does not provide you with an office,
Allowable Limited Company Expenses, P11D's
Benefits in Kind: Medical insurance – staff perk or extra admin?
When businesses start offering perks like private medical insurance, it’s a big win for employees. But from a tax perspective? It’s not quite as simple as “just a perk”. At DNA, we’ve recently introduced a medical insurance policy for our team, so this felt like the perfect time to write a blog about what this
Changes to Tax Rates & Thresholds, Director’s Pay vs Dividends, HMRC Updates & Changes, Payroll Basics for Employers
April 2026 tax changes: what’s changing (and what that means for you)
April always comes with a fresh tax year… but 6 April 2026 is shaping up to be a big one for business owners, directors, employers and investors. In this blog, I will highlight some of the main changes starting in April, reminding some that have already happened and what this might mean for you and
Under-charging VAT is one of the most common – and costly – mistakes we see from small business owners. And the tricky part? Most people don’t realise they’re doing it. VAT isn’t just about whether you’re registered. It’s about what you’re charging VAT on, when you should be charging it, and how costs are passed