Your Tax Help Accountants

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02/06/2026

UK limited company directors: you're probably overpaying HMRC by thousands — and it's not your fault.

Home office costs, trivial benefits, company pension contributions, unlogged mileage, pre-trading expenses... the 5 most-missed deductions add up fast.

We've put the 37 biggest into a free PDF. Comment TAX below or grab it here 👉 https://yourtaxhelp.co.uk/instagram

13 years saving UK companies money. UK-based, regulated, real humans.

Payments on Account Explained - How HMRC Calculates Your Advance Tax and How to Reduce ThemPayments on account are one o...
14/05/2026

Payments on Account Explained - How HMRC Calculates Your Advance Tax and How to Reduce Them

Payments on account are one of the most confusing aspects of the UK Self Assessment system. Every year, thousands of people are shocked by a January tax bill that is nearly double what they expected - because they did not realise they were paying not just for last year, but also an advance payment towards the next year.

This guide explains everything you need to know about payments on account in 2026: what they are, how they are calculated, when they are due, and most importantly - how to reduce them if your income has dropped.

What Are Payments on Account?

Payments on account are advance payments towards your next year's income tax bill, collected by HMRC at the same time as you pay your previous year's tax.

For more details, please follow the link to our blog:

https://yourtaxhelp.co.uk/?p=1980

Do I Have to Pay Tax on Money My Parents Gave Me? This is one of the most commonly searched tax questions in the UK, and...
14/05/2026

Do I Have to Pay Tax on Money My Parents Gave Me?

This is one of the most commonly searched tax questions in the UK, and the answer is, in most everyday cases, reassuring. If your parents give you money, you almost certainly do not have to pay income tax on it, report it to HMRC, or do anything at all. However, there are specific situations where tax rules do apply, and it is important to understand where the lines are drawn.

This guide explains the UK tax treatment of cash gifts from parents and family members in plain English.

The Basic Rule: Gifts Are Not Income

To read the full article, follow our blog:

https://yourtaxhelp.co.uk/?p=1991 (opens in a new tab)

What Is a UTR Number? How to Get Yours Fast from HMRC in 2026 If you are new to self-employment, have just become a comp...
14/05/2026

What Is a UTR Number? How to Get Yours Fast from HMRC in 2026

If you are new to self-employment, have just become a company director, or have received a letter from HMRC asking you to file a tax return, one of the first things you will hear about is a UTR number. You need it to file your tax return, access your HMRC online account, and communicate with HMRC about your tax affairs.

This guide explains exactly what a UTR number is, how to get one, how long it takes, where to find it if you already have one, and what to do if you have lost it.

What Is a UTR Number?

UTR stands for Unique Taxpayer Reference. It is a 10-digit reference number issued by HMRC when you register for Self Assessment or Corporation Tax. It is unique to you (or your company) and does not change - once issued, your UTR stays with you for life.

To know more, please follow the link to our blog:

https://yourtaxhelp.co.uk/?p=1977

Marriage Allowance in 2026 - How Couples Can Save Up to £252 in Tax and How to Claim It The Marriage Allowance is one of...
14/05/2026

Marriage Allowance in 2026 - How Couples Can Save Up to £252 in Tax and How to Claim It

The Marriage Allowance is one of the most straightforward tax savings available to couples in the UK - and it is also one of the most widely unclaimed. HMRC estimates that millions of eligible couples have never made a claim, leaving money sitting with the Government that rightfully belongs to them.

The good news is that you can backdate claims by up to four years. If you have never claimed the Marriage Allowance and you are eligible, you could be entitled to a total refund of up to £1,008.

This guide explains exactly how it works, whether you qualify, and how to claim - including the backdated amount - in 2026.

What Is the Marriage Allowance?

The Marriage Allowance allows a lower-earning spouse or civil partner to transfer 10% of their Personal Allowance to the higher-earning partner.

To know further, follow the link below to our blog:

https://yourtaxhelp.co.uk/?p=1974 (opens in a new tab)

Can I Claim My Mobile Phone Bill as a Business Expense if I Use It Personally Too? Your mobile phone is almost certainly...
14/05/2026

Can I Claim My Mobile Phone Bill as a Business Expense if I Use It Personally Too?

Your mobile phone is almost certainly one of your most used business tools. It is how you speak to clients, reply to emails on the go, manage your diary, and run half your business from your pocket. So the question of whether you can claim it as a business expense is completely reasonable.

The short answer is yes, you can, but the rules depend on whether you are a sole trader or a limited company director, and how much of your phone use is genuinely for business versus personal. Getting it wrong is one of the most common mistakes HMRC sees in self-employed tax returns, so it is worth understanding the rules properly.

The Core HMRC Rule: Wholly and Exclusively
The fundamental test for any business expense in the UK is whether it was incurred "wholly and exclusively" for the purpose of your trade.

To get the full picture, read our blog:

https://yourtaxhelp.co.uk/?p=1988 (opens in a new tab)

How to Close a Limited Company in the UK - Members Voluntary Liquidation vs Striking Off in 2026 Closing a limited compa...
14/05/2026

How to Close a Limited Company in the UK - Members Voluntary Liquidation vs Striking Off in 2026

Closing a limited company in the UK is something thousands of business owners do every year - whether because the business has run its course, you are retiring, you are moving into employment, or you simply want to restructure. Getting the closure right matters enormously because the tax treatment of the money you extract when closing the company can vary dramatically depending on the route you choose.

This guide compares the two main options for closing a solvent limited company in the UK: Members Voluntary Liquidation (MVL) and Voluntary Strike-Off (also known as Dissolution). Understanding the difference could save you thousands in tax.

The Two Main Routes to Closing a Solvent Limited Company

Before choosing your route, you need to determine that your company is solvent - meaning it can pay all its debts in full. If your company cannot pay its debts, different processes apply (creditor's voluntary liquidation, administration, or compulsory liquidation). This guide covers solvent companies only.

To know more, follow the link to our blog:

https://yourtaxhelp.co.uk/?p=1970 (opens in a new tab)

NHS Locums, Agency Doctors & Healthcare Workers: Your Tax Guide for 2026/27 Healthcare workers — particularly locum doct...
13/05/2026

NHS Locums, Agency Doctors & Healthcare Workers: Your Tax Guide for 2026/27

Healthcare workers — particularly locum doctors, GP locums, agency nurses, physiotherapists, and other medical professionals — have some of the most complex tax situations of any group in the UK. Multiple sources of income, NHS pension implications, the risk of IR35, and large expense claims all interact in ways that require specialist knowledge to navigate correctly.

This guide covers the key tax issues for locum and agency healthcare workers in 2026/27.

Who This Guide Is For
This guide is relevant to you if you are:

A locum GP or hospital doctor working through an agency or directly
An agency nurse or allied health professional
A dentist or dental contractor operating through their own company
A physiotherapist, occupational therapist, or other healthcare professional working self-employed
A healthcare professional with income from both employed and self-employed sources
Multiple Income Streams — Employed and Self-Employed Together
Most healthcare locums have at least two income streams:

1. PAYE employment income — from NHS trusts or agencies who deduct tax and NI before paying you 2. Self-employment income — from direct locum bookings, private work, or clinical services billed by your own company

To know more, follow the link below:

https://yourtaxhelp.co.uk/nhs-locum-doctor-healthcare-worker-tax-guide-uk-2026

Influencers and Content Creators: The Complete UK Tax Guide for 2026/27 Content creation is now a serious profession, an...
13/05/2026

Influencers and Content Creators: The Complete UK Tax Guide for 2026/27

Content creation is now a serious profession, and HMRC treats it as one. Whether you are earning thousands from YouTube AdSense, brand sponsorships, affiliate links, Patreon subscriptions, or merchandise sales — every pound is taxable, and HMRC is increasingly targeting digital creators who have not declared their income correctly.

This guide explains exactly what tax you owe as a UK content creator in 2026/27, what expenses you can claim, how gifted products and free holidays are taxed, and whether a limited company makes sense for you.

Is Content Creation Income Taxable?

Yes — all of it. Content creation income is treated as self-employment trading income for UK tax purposes. This includes:

YouTube AdSense — advertising revenue paid by Google
Brand sponsorship fees — payments for promoted content, product reviews, or mentions
Affiliate commissions — percentage of sales from your referral links
Platform subscriptions — Patreon, OnlyFans, Substack, Ko-fi payments

Follow the link to get the full list and allowable expenses:

https://yourtaxhelp.co.uk/influencers-content-creators-tax-guide-uk-2026

Workplaces Urged to Back Parents — What UK Employers Need to Know About Tax, NI and Childcare Support in 2026Workplaces ...
12/05/2026

Workplaces Urged to Back Parents — What UK Employers Need to Know About Tax, NI and Childcare Support in 2026

Workplaces across the UK are being urged this week to do more to support employees with children. The push reflects a genuine pressure point. Full-time nursery costs in the UK now average over £14,000 per year, and in London they frequently exceed that. For many working parents, childcare is the largest single household cost after rent or mortgage. It is also one of the most common reasons people, particularly women, reduce their working hours or leave the workforce altogether.

For employers, the business case for supporting working parents is straightforward: retention, recruitment, and productivity. For employees, the financial pressure is real and growing.

But what can you actually do? And what does the tax system allow, specifically for smaller businesses that do not have an HR department or a benefits team?

To learn more, follow the link below:

https://yourtaxhelp.co.uk/?p=1956 (opens in a new tab)

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