This checklist is designed to help individuals and businesses understand how HMRC determines UK tax residency under the Statutory Residence Test (SRT). It is an essential tool for non-UK taxpayers, expatriates, and internationally mobile individuals who want to confirm their tax position and avoid unexpected UK tax liabilities. Our firm uses this as part of […]
UK Tax Residency Checklist (Statutory Residence Test – SRT) Read More »
If you’re earning money outside of regular PAYE employment whether through self-employment, property rental, freelancing, or even side hustles you may need to register for Self Assessmentwith HMRC. This is HMRC’s way of tracking and collecting tax on income that isn’tautomatically taxed at source. To get started, you must register by 5 October 2025 so
Register for Self Assessment by 5 October 2025 – Avoid HMRC Penalties Read More »
What is Payroll and How Does It Work in the UK? Payroll is the process that ensures your employees are paid accurately and on time. But it’s much more than just issuing wages. In the UK, payroll involves calculating salaries, deducting PAYE income tax, managing National Insurance Contributions (NICs), and reporting everything to HMRC. Here’s
Payroll in the UK: Regular Payroll vs Tronc Payroll – A Complete Guide for Employers Read More »
Making Tax Digital (MTD) for Income Tax will be one of the largest changes to personal tax in a generation.It’s not only an improvement to how we report taxes it’s a fundamental transformation towards a digital system that will make managing tax easier, quicker, and more transparent. This will require landlords and sole traders to
6 Things You Should Know About Making Tax Digital for Income Tax Read More »
Staying on top of your tax obligations is essential to avoid penalties, interest charges, and unnecessary stress. With Making Tax Digital (MTD) reshaping how individuals and businesses manage their tax records, keeping a clear timeline of important dates is more important than ever. This guide outlines the key upcoming deadlines for Self-Assessment and MTD for Income Tax
Key Self-Assessment and MTD for Income Tax Deadlines You Should not Miss Read More »
If the enquiry is simple and you’re confident with your records, you may handle it yourself.However, for anything more than a basic check, it’s strongly recommended to work with a tax advisor or accountant. They understand HMRC procedures, can represent you, and may help reduce or eliminate penalties. At Brayan & Spencer Associates Ltd, we
Understanding HMRC Tax Enquiries: Types, Triggers & How to Respond Read More »
In the UK, thousands of individuals earn their living as private tutors—teaching everything from maths and English to science, music, and languages. But whether you tutor full-time or part-time, understanding how VAT (Value Added Tax) applies to your tuition services is essential. This guide breaks down the VAT rules for private tutors in simple, easy-to-understand
VAT Treatment of Private Tuition: What Every UK Tutor Must Know Read More »
Are you a landlord or sole trader in the UK earning more than £30,000? If so, a major change is coming your way — and it starts with your taxes. The UK government is rolling out Making Tax Digital for Income Tax Self Assessment (MTD for ITSA), a new digital system that will replace traditional
Making Tax Digital for Self Assessment: Dual Guide for Landlords & Sole Traders Read More »
Selling goods or digital services online has never been easier — but with new tax rules coming into effect in 2024 and beyond, staying compliant has become more important than ever. One major development is the Digital Services Tax (DST), which HMRC describes as a 2% tax on the revenues of large search engines, social
Digital Sales Tax Compliance in the UK: 7 Costly Mistakes to Avoid in 2025 Read More »
Switching from a sole trader to a limited company in the UK is a big step—and a smart one for many growing businesses. With the right approach, it can lead to major tax savings, better protection, and a more professional business structure. But what are the exact steps? What does HMRC need from you in
Sole Trader to Ltd Company in UK: HMRC Rules, Tax Savings & Legal Steps in 2025 Read More »
