Blogs
Explore expert insights on UK tax, accounting, and business finance. Read practical guides for freelancers, landlords, and small businesses from CoreAdviz Accountants.
Wealth Tax
What Wealth Tax Means for the UK: Pros Cons and Possibilities
June 04, 2026
With more families struggling to cover basic living costs, the debate around a UK wealth tax has moved to the centre of public discourse. But what does wealth tax mean, exactly? In simple terms, wealth tax means a levy imposed on an individual’s total net assets, including property, savings, investments, and other holdings, rather than… View Article
Read MoreTax Saving
Best Tax-Efficient Investments UK: Higher-Rate Taxpayer Strategies
May 02, 2026
If you pay income tax at 40%, with taxable income between £50,271 and £125,140, you may be paying more to HMRC than necessary. The good news is that the UK tax system offers several approved ways to reduce your tax bill. In this guide, we cover the most effective tax-efficient investments in the UK for… View Article
Read MoreIncome Tax
What Is a Simple Assessment Tax Calculation? – A Complete Guide
April 18, 2026
If you’ve received a letter from HMRC and are wondering what is a simple assessment tax calculation and how it affects you, you’re not alone. The Simple Assessment scheme was introduced to spare millions of UK taxpayers the burden of completing a full Self Assessment tax return. Instead, HMRC calculates your tax liability on your… View Article
Read MorePension
How to Save for Retirement If You’re Self-Employed in the UK
April 16, 2026
Retirement planning for self-employed people in the UK is very different from being an employee. There is no workplace pension, no employer top-up, and no automatic enrolment. Whether you are a freelancer, sole trader, or contractor, you need to take charge of your own retirement savings. This guide covers the most effective ways to save… View Article
Read MoreDormant Company
Dormant Company UK – What It Is, How It Works & Key Obligations
April 02, 2026
A dormant company is a UK-registered legal entity that has no significant accounting transactions or trading activity during a given period. Whether you are considering registering a dormant company to protect a brand name, pause operations during an economic downturn or hold assets through an SPV structure, understanding the rules that govern a dormant company… View Article
Read MorePension
Private Pension vs State Pension – Which Option Is Best for the Self-Employed?
April 02, 2026
Are you a self-employed professional trying to decide between a private pension vs state pension? It is one of the most important financial choices you will make. The state pension offers a guaranteed baseline income, while a private pension provides growth potential and greater flexibility. Understanding the private pension vs state pension difference is key… View Article
Read MoreTax and Accounting
Green Accounting: Tracking Your Company’s Environmental Impact UK
April 01, 2026
In the 21st century, just making profit is not sufficient for businesses. They need to be responsible towards the environment because not only customers but investors and regulators now want the same. Green accounting is the practice of measuring and reporting your business’s environmental impact alongside its financial performance. As customers, investors and UK regulators… View Article
Read MoreTax Implication
Remote Work Taxes in the UK: A Complete Guide for UK Remote Workers (2026)
March 25, 2026
Remote working has fundamentally changed the way people in the UK earn a living, and with that change comes an important question: how do remote work taxes work in the UK? Whether you work from home for a UK employer, operate as a self-employed freelancer, or work for a UK company while based overseas, understanding… View Article
Read MoreIncome Tax
Advantages & Disadvantages of PAYE for Employees: What You Need to Know
March 24, 2026
Understanding PAYE for employees is essential in 2025–2026. The Pay As You Earn system has been the UK’s primary method of collecting Income Tax and National Insurance since 1944. With HMRC rolling out significant changes, both employees and employers need to understand how PAYE works, what’s changing, and what it means for take-home pay. What… View Article
Read MoreTax and Accounting
Do I Need to File a UK Tax Return if I’m Not Self-Employed?
March 22, 2026
Many individuals in the UK assume they don’t need to submit a tax return because they are not self-employed, working full-time or part-time at their employer and salary is already taxed (deducted) through payroll via PAYE every month. While this is true in most cases if you are looking only at one sided aspect. But… View Article
Read MoreTax and Accounting
State Pension Meaning Explained: What It Is, How It Works and Who Qualifies in the UK
March 19, 2026
The state pension meaning in the UK refers to a regular government payment made to people who have reached the state pension age and have sufficient National Insurance contributions or credits on their record. It is one of the most important retirement income sources for UK residents, providing financial support during later life. Whether you… View Article
Read MoreBusiness Tax
Tax Relief on Electric Cars UK for Self-Employed: 2026 Guide
March 19, 2026
Electric vehicles (EVs) can offer significant tax and running-cost advantages for UK business owners. Depending on how a vehicle is purchased, owned and used, potential benefits include capital allowances, lower company-car Benefit-in-Kind (BIK) rates, business mileage deductions and grants for eligible charging infrastructure. However, the rules are different for sole traders, partnerships and limited companies…. View Article
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