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Inheritance Tax Planning for Property Landlords in the UK: What You Need to Know

For many landlords, property has been a reliable way to build long-term wealth. But as house prices have climbed, more and more estates are being caught by inheritance tax. Without careful planning, up to 40% of the value of your portfolio could be lost when it passes to your loved ones. The good news is […]

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working from home tax

Claiming Tax Relief on Work-from-Home Expenses: What You Need to Know for 2025

Working from home? You could be missing out on valuable tax relief With hybrid and remote working here to stay, thousands of UK employees and self-employed individuals are entitled to claim tax relief on work-from-home expenses. But are you claiming everything you’re entitled to? At King and Taylor, we help clients across Sittingbourne and beyond make the

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The Impact of Brexit on Taxation for UK Businesses

The United Kingdom’s departure from the European Union (EU) has introduced significant changes across various sectors, with taxation being one of the most affected areas. Businesses in the UK must navigate a new regulatory landscape that has implications for their tax obligations, cross-border transactions, and overall financial planning. In this blog post, we’ll explore how

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The Importance of Hiring a Local Accountant for Your Gravesend Small Business

In Gravesend, Kent, small businesses play a crucial role in driving the local economy. As of March 2023 there were 64,230 enterprises in Kent, many of these are in Gravesend (source). As a small business owner in Gravesend, you’re no stranger to the myriad of challenges that come with managing finances, staying compliant with tax laws, and ensuring

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ir35 for freelancers and contractors

Understanding IR35: A Guide for Contractors and Freelancers

As a contractor or freelancer in the UK, navigating the complexities of tax legislation is crucial to ensuring financial compliance. One such legislation that significantly impacts the self-employed workforce is IR35. In this guide, we’ll break down the essentials of IR35, helping you understand its implications and navigate this intricate landscape. What is IR35? IR35,

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Understanding the Impact of Rising Interest Rates on UK Businesses

The Bank of England’s decision to raise interest rates can have significant implications for businesses in the UK. As interest rates climb, it’s crucial for business owners to comprehend the potential effects and adapt their strategies accordingly. In this blog post, we’ll explore the impact of rising interest rates on UK businesses, providing insights to

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