TaxSnap Knowledge Hub
Every article is written for UK compliance decisions: HMRC forms, deadlines, penalties, and practical filing steps.
Limited Company
Putting a petrol car through the company is usually a mistake. Putting an electric one through it usually is not, and the difference is the benefit in kind percentage.
Property
The additional property surcharge rose from 3% to 5%, and the temporary thresholds ended in March 2025. On a £300,000 buy-to-let the bill is now £20,000.
Limited Company
Money taken from the company that is not salary, dividend or expenses is a loan. Leave it outstanding nine months past the year end and the company pays 33.75% on it.
Self Assessment
Every Self Assessment date that matters, what each missed one costs, how payments on account work, and what HMRC will actually accept as a reasonable excuse.
VAT
The £90,000 threshold is a rolling 12-month test, not a tax-year one — which is how most businesses miss it. What triggers registration, what it costs you, and when voluntary registration pays.
Making Tax Digital
MTD for Income Tax is live for the highest earners and reaches everyone else soon. Here is who is in, when quarterly updates are due, what qualifying income means, and what to do before your start date.
Private Hire & Taxi
A plain guide to tax for Uber, Bolt and Veezu drivers: what counts as income, which expenses you can claim, the mileage rate versus actual costs, and the deadlines that cost you money if you miss them.
Business Structure
The honest comparison: where the tax crossover actually sits in 2026/27, what a limited company really costs to run, and the reasons to incorporate that have nothing to do with tax.