12/05/2022 More...
HMRC is currently sending the annual tax credit renewal packs to some 2.1 million tax credit claiman...12/05/2022 More...
The furnished holiday let (FHL) rules allow holiday lettings of properties that meet certain conditi...12/05/2022 More...
There are a multitude of rules that new businesses must follow when they start employing staff for t...12/05/2022 More...
The maximum amount that can be invested in an ISA in the current (2022-23) tax year is £20,000. IS...12/05/2022 More...
The Structures and Buildings Allowances (SBA) allows for tax relief on qualifying capital expenditur...12/05/2022 More...
HMRC publishes a list of income streams that are excluded from a UK property business. The list incl...05/05/2022 More...
Under new rules that came into effect from April 2017 the tax relief on mortgage costs for residenti...05/05/2022 More...
VAT for most work on houses and flats by builders and similar trades, like plumbers, plasterers and ...05/05/2022 More...
There are many benefits to encourage the use of electric cars including lower running costs, the env...05/05/2022 More...
An overdrawn director's loan account is created when a director (or other close family member) 'borr...05/05/2022 More...
HMRC’s internal manuals consider the reliefs available where there is an exchange of joint interes...05/05/2022 More...
There are a number of reliefs available that can reduce liability to IHT if you inherit the estate o...28/04/2022 More...
For most fully taxable businesses, VAT can be reclaimed on goods and services used in the course and...28/04/2022 More...
If a company has stopped trading and has no other income, then the company is usually classed as dor...28/04/2022 More...
A PAYE Settlement Agreement (PSA) allows employers to make one annual payment to cover all the tax a...28/04/2022 More...
HMRC’s internal manual offer some revealing insights as to the treatment of accountancy expenses a...28/04/2022 More...
The Economic Operators' Registration and Identification System (EORI) was setup as a European Union ...26/04/2022 More...
1 May 2022 - Due date for corporation tax due for the year ended 30 July 2021. 19 May 2022 - PAYE a...26/04/2022 More...
If you have staff that have been called up to serve on a jury, then you must allow them the necessar...21/04/2022 More...
Capital Gains Tax (CGT) is a tax on the profit made from selling certain assets such as property, sh...21/04/2022 More...
A reminder that the 1.25% increase in NIC contributions that came into effect on 6 April 2022 are re...21/04/2022 More...
If you use your own vehicle for business journeys, then you may be able to claim a tax-free allowanc...21/04/2022 More...
Domicile is a general legal concept which in basic terms is taken to mean the country where you perm...21/04/2022 More...
The basis period reforms will change the way trading income is allocated to tax years. The reforms w...
