Many of us will have started out on a part time basis, whilst still holding down a full time job, until we are ready to ‘take the plunge’ into a full time business, but, if we do, when must we notify our friends at HMRC?

Most of us are aware of the existence of Inheritance Tax, but many have no idea how it is calculated, and what it is applied to. In this article, we take a broad brush look at the basics of this tax, and how it might affect us in the future.

Employing family members in our business can work to our advantage, from a taxation perspective, as long as we follow the correct procedures. Here, we look at some of the implications of doing so.

From April 2026, Making Tax Digital For Income Tax & Self Assessment comes in to effect, for many self employed business owners and landlords. We take a quick look at the basics.