Guides & Publications
Retirement may be an end to work, but is often not an end to tax
Tax does not disappear once you start the retirement process. While your income is likely to fall when you cease work completely, you will still have an income tax liability if your pension and other incomes exceed your available allowances.
More & Other Musings
View all related contentNEW Articles16 Apr 2026
Disruption which results in an unplanned return to the UK may also have significant tax implications
NEW Articles15 Apr 2026
What value does an audit add?
NEW Articles15 Apr 2026
The normal expenditure out of income exemption allows individuals to make gifts during their lifetime that are immediately exempt from inheritance tax (IHT) – there is no seven-year wait. A recent case heard by the First-tier Tribunal (FTT) has cast some light on what is meant by ‘normal expenditure’.
NEW Articles15 Apr 2026
Making Tax Digital (MTD) is now live, but given the low numbers registered with HMRC, many sole traders and landlords affected are still looking at how to comply, keep the administrative burden to a minimum and will probably be looking for inexpensive, or even free, software to use.