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Tax & Accounting

Welcome to our Tax & Accounting category, where we simplify complex rules and provide practical guidance on UK taxes, bookkeeping, and financial compliance. From personal tax tips and business accounting strategies to VAT, payroll, and HMRC updates, we cover everything you need to stay informed. Whether you’re an individual, freelancer, or business owner, our expert insights help you manage finances more effectively and make confident decisions.

Tax & Accounting

Welcome to our Tax & Accounting category, where we simplify complex rules and provide practical guidance on UK taxes, bookkeeping, and financial compliance. From personal tax tips and business accounting strategies to VAT, payroll, and HMRC updates, we cover everything you need to stay informed. Whether you’re an individual, freelancer, or business owner, our expert insights help you manage finances more effectively and make confident decisions.

When Do You Stop Paying Child Maintenance? Find Out Now

If you’re a paying parent in the UK, you’ve likely wondered: “When do I stop paying child maintenance?” It’s one of the most common questions asked by separated or divorced parents navigating the Child Maintenance Service (CMS) system. Understanding when your legal obligation to pay child maintenance ends isn’t always straightforward. Rules vary depending on…

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HMRC Telephone Number Free 0800 0345 Contact Guide

The HMRC Telephone Number Free 0800 0345 lets you contact HM Revenue and Customs without paying call charges. You can use this free helpline for self-assessment queries, PAYE tax codes, Child Benefit, tax credits, and general tax advice. Calling the free 0800 number saves money compared to 0300 numbers, making it the best option for…

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How Much Do I Need to Earn to Take Home £2500 per Month UK

How Much Do I Need to Earn to Take Home £2500 per Month UK

Taking home £2500 per month in the UK means you need a certain gross salary before tax. Your take-home pay is what lands in your bank account after deductions like income tax and National Insurance. Whether you’re an employee or self-employed, the gross salary required varies. This guide explains "how much do i need to…

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Nationwide Offers Limited-Time £175 Payment for Customers Who Switch Banks

Nationwide Offers Limited-Time £175 Payment for Customers Who Switch Banks

Nationwide is offering a £175 switch bonus for customers who move their current account using the Current Account Switch Service (CASS). The deal applies to accounts like FlexDirect, FlexAccount, and FlexPlus, with the bonus usually paid within 10 working days of completing the switch. Both new and existing customers can apply, but past recipients of…

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How to Avoid Paying Council Tax on an Empty Property After Death

How to Avoid Paying Council Tax on an Empty Property After Death

Introduction When a loved one dies, the last thing you want to worry about is a tax bill on a home that’s sitting empty. But council tax doesn’t simply vanish—unless you know the rules. Learning how to avoid paying council tax on an empty property after death is crucial for executors and family members who…

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How Much Money Can You Gift To A Family Member Tax-Free UK

How Much Money Can You Gift To A Family Member Tax-Free UK? UK Guide

Curious about how much money can you gift to a family member tax-free UK? You’re not alone—it’s a smart way to share your wealth without triggering inheritance tax, but it can get a bit confusing. In this post, I’ll walk you through yearly exemptions like the £3,000 annual allowance, small gifts under £250, wedding gift limits,…

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How Long Do You Have to Live in a Property to Avoid Capital Gains Tax UK

How Long Do You Have to Live in a Property to Avoid Capital Gains Tax UK?

So, you're thinking about selling your home and wondering, "How long do you have to live in a property to avoid capital gains tax UK? (CGT)?" In the UK, this is a question many homeowners, landlords, and even expats wrestle with. The answer? It's not about ticking off several days but rather about proving that…

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