HMRC is currently writing to people that have been impacted by an old administrative error. This error was related to Home Responsibilities Protection (HRP).
Should I be a sole trader or limited company? The answer to this is, of course, subjective. There are a lot of factors to
Is tracking your rental income and expenses harder than it should be? For many landlords, tax season means digging through paperwork and rushing to
What happens to your wealth when you pass on? The answer sometimes catches many people off-guard, especially once they discover how much of their
Have you earned income from investments, received savings interest, or collected dividends? These are all interconnected ways your money can grow. But did you
The Construction Industry Scheme (CIS) is a tax deduction system that affects most construction workers in the UK. If you are covered under CIS,
Higher-rate taxpayers in the UK need to claim the additional tax relief on their pension contributions. This can be done online via the HMRC tool
Alongside tax hikes, the UK government also provided significant tax reliefs and allowances every year, which both employed and self-employed people can benefit from.
VAT fraud is the most common form of tax evasion worldwide. In the UK alone, authorities estimate that VAT fraud costs the treasury billions
Being self-employed in the UK comes with a mix of challenges and opportunities. On one hand, individuals gain invaluable flexibility and autonomy, setting their
Our Experts
Fahad is a Chartered Certified Accountant (ACCA), with a motto “When “why” is clear, “how” is easier”. He is proficient in numeracy and impassioned with giving concise advice to a wide range of clients.
Junaid has been instrumental in the achievement of our success across various regions and he specialises in business management, accounting and tax advisory services.
Faizan is good at providing well-thought-out strategies and solutions to complex problems in Business Development which makes him a proficient overseer of our clients.
The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.
The end of the tax year brings a few certainties. One of them is an important document landing in your inbox or hand. So, what is a P60 exactly? In the UK, it is an official record of the total pay received, and the amount of tax and NICs deducted during that tax year.
The days of crypto anonymity are coming to an end. From January 2026, HMRC will begin receiving automatic data on UK taxpayers’ cryptoasset activities from digital asset platforms around the globe. This is all under a new international agreement known as the Cryptoasset Reporting Framework (CARF).
Almost every employee in the UK is eligible for workplace pensions. It’s mandatory for employers to set their employees for auto enrolment pensions, even if they only have one. This guide is for both, whether looking to strengthen compliance or understand how it affects their paycheck.
The removal of P11D forms, replaced by mandatory payrolling of benefits in kind (BIK) by April 2026, is deferred for 12 months. This was first introduced in January 2024, but with several appeals, HMRC announced on 28 April 2025 that it will delay the implementation in April 2027.
Those who are self-employed or in a partnership need to know about a major tax change: “Basis Period Reform.” This new approach to taxing business profits in the UK aims to simplify things by aligning everyone’s tax calculations to the standard tax year. This guide breaks down everything in simple terms. Understand what is changing, how it impacts you, and what steps you may need to take.
LET’S DO BUSINESS
The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.
[ninja_form id=’38’]
We provide services to our clients based on the principle of honesty, sound knowledge, reliability, and integrity, assuring the best quality and relevant advisory to our clients’ individual and business tax needs.
Monday to Friday:
9:00 AM – 5:00 PM
Citygate House,
246-250 Romford Road,
London, E7 9HZ
Our Locations: Stratford , London, Hounslow, Milton Keynes, Manchester , Glasgow, Bolton
© Legend Financial and Tax Advisers Limited is registered in England and Wales, Registration number: 08103572
