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Companies House ID Verification Step-by-Step Guide

October 17, 2025

Britain’s Economic Crossroads: When High Taxes Meet Stagnant Growth

September 17, 2025

Treasury’s Shock £2bn Tax Raid Could Devastate UK Landlords

August 29, 2025

Why You Shouldn’t Get Your Tax Advice from TikTok

August 22, 2025

Can an overseas company (or “overseas entity”) own UK property? How and what to look out for?

It’s Almost 31 January… and Your Tax Return Still Isn’t Done. Now What?

The Tax Tighten-Up: How the Budget Will Hit Your Wallet — Explained Simply

Reporting the Sale of a Property

What Would You Do If HMRC Starts a Tax Investigation Tomorrow?

The brown envelope arrives on an ordinary Tuesday morning. Your name is clearly printed on the front, and the familiar HMRC logo sits in the corner. Your heart sinks as you recognise the official correspondence – it’s a tax investigation notice. This scenario is becoming increasingly common. With approximately 2.5% of the 12.1 million Self-Assessment […]

Will Your Accountant Be Legally Allowed to Help You After April 2026? Here’s What HMRC’s New Rules Mean for You

If you’re self-employed, run a business, or file your own tax return, chances are you rely on a trusted accountant or adviser to keep your finances in order. But from April 2026, that relationship could face serious disruption — especially if your accountant isn’t ready for new rules being introduced by HMRC. What’s Changing? From […]

Will AI Replace Your Accountant? The Future of Accounting in the UK

The rise of artificial intelligence has sparked conversations across every industry, and accounting is no exception. As AI-powered software becomes increasingly sophisticated, many UK business owners and individuals are asking themselves: “Do I still need an accountant?” The short answer is yes – but the role of your accountant is evolving in exciting ways. AI […]

How to Save Tax in the UK: 10 Proven Strategies for 2025

Paying tax is inevitable, but paying more than necessary isn’t. With proper planning and the right strategies, UK taxpayers can significantly reduce their tax burden whilst staying fully compliant with HMRC regulations. Whether you’re a sole trader, company director, or employed individual, these expert tips will help you keep more of your hard-earned money. 1. […]

New UK Crypto Tax Rules: What You Need to Know

Important changes are coming for cryptocurrency holders in the UK. At Jermyn & Co Chartered Accountants, we’re here to help you understand and comply with these new requirements. Major Changes Taking Effect From January 2026, the UK will implement tough new cryptocurrency reporting rules as part of the OECD Cryptoasset Reporting Framework (CARF). These regulations […]

Is Britain Still Open for Business? The Truth About Starting Up in Today’s Tax Climate

Why savvy entrepreneurs aren’t letting higher taxes stop them? Picture this: you’re sitting in a London café, brilliant business idea percolating, when a colleague delivers the verdict—”Corporation tax rates have skyrocketed. Starting a company now would be financial madness.” Sound familiar? With recent tax increases dominating headlines and established businesses feeling the squeeze, the entrepreneurial […]

UK Tax Obligations When Working Abroad During Holidays: What You Need to Know

The rise of remote work and digital nomadism has made it increasingly common for UK residents to work while on holiday abroad. Whether you’re answering emails from a beach in Spain, attending virtual meetings from a café in Paris, or running your business from a villa in Tuscany, you may be creating tax obligations that […]

Inheritance Tax & Lifetime Gifting Guide

The UK government’s guidance on inheritance tax and gifts outlines how certain gifts made during a person’s lifetime can impact the inheritance tax (IHT) due upon their death. Understanding Lifetime Gifts and Inheritance Tax Gifting assets during your lifetime can be an effective way to reduce the value of your estate for IHT purposes. However, […]

Gifts Out of Income – What You Need to Know

The “Normal Expenditure Out of Income” exemption is a valuable yet often underutilised provision in UK inheritance tax (IHT) law. Outlined in Section 21 of the Inheritance Tax Act 1984, this exemption allows individuals to make regular gifts from their surplus income without incurring IHT, provided specific conditions are met. Understanding the Exemption Unlike other […]

Top 10 VAT Return Mistakes Small Businesses Must Avoid

Managing Value Added Tax (VAT) is a critical aspect of running a small business in the UK. Errors in VAT returns can lead to penalties from HMRC and disrupt cash flow. This article outlines ten common VAT return mistakes and provides guidance on how to avoid them. 1. Delayed VAT Registration Businesses must register for […]