Overview Capital Gains Tax (CGT) on UK residential property has undergone significant change over recent years. Between updated rates, the abolition of letting relief, changes to Private Residence Relief (PRR), and the mandatory 60-day reporting window, property investors and landlords face a considerably more complex compliance landscape than existed a decade ago. This article summarises the current CGT rules as they apply to residential property disposals, highlights the ke

What Is Making Tax Digital for Income Tax? Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is HMRC's flagship digital reporting initiative, requiring self-employed individuals and landlords to maintain digital records and submit quarterly updates to HMRC — in addition to an annual end-of-period statement and final declaration. MTD ITSA will fundamentally change how income tax is reported and paid for millions of taxpayers in the UK. Having already been delayed se

Introduction For owner-managed companies, how a director draws income is one of the most consequential tax decisions made each year. Get it right and you can retain significantly more of your business profits; get it wrong and you may face unnecessary National Insurance Contributions (NICs), higher income tax bills, or missed pension opportunities. This article sets out the main considerations for 2025/26, covering the interplay between salary, dividends, and employer pension