News

Making a significant investment in new equipment can be a transformative step for a business, improving efficiency, productivity, and competitiveness ...
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Navigating financial challenges can be daunting, but understanding the tools available can make a significant difference. One such tool is ...
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Inheritance Tax (IHT) impacts estates over £325,000, with rates of 40% on death and 20% on certain gifts. A 36% ...
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Employers can voluntarily register to report and account for tax on certain benefits and expenses via the RTI system before ...
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Beneficial loans, where employees benefit from cheap or interest-free loans from their employer, can trigger tax implications. However, certain exemptions, ...
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A significant amount of online information about companies is available to the public on the Companies House website. The information ...
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Selling online? Whether it’s a hobby or a business, you may need to pay tax if your earnings exceed £1,000 ...
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HMRC reports over 63,000 taxpayers filed their returns over the New Year, but 5.4 million still need to act before ...
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A recent case [London United Busways Ltd. (LUB) v De Marchi and Abellio London [2024] EAT 191] revealed the complexities ...
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The UK's Competition and Markets Authority (CMA) has initiated its new digital markets competition regime, effective from January 1, 2025, ...
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The UK government has unveiled a series of proposals aimed at curbing exploitative practices in the ticket resale market, seeking ...
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Selling goods or services? It’s vital to know if HMRC considers this a business. From regular sales to earning commissions, ...
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Great news for businesses! Tax relief on zero-emission cars and EV charge points has been extended until 2026. This move ...
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Planning to sell your business or shares? Capital Gains Tax rates for Business Asset Disposal Relief (BADR) are set to ...
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Are you a landlord? Maximise your rental income by knowing which expenses you can claim to reduce your tax bill ...
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Misplaced your National Insurance number? Do not worry! From checking payslips to using the HMRC app, there are many ways ...
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The 31 January 2025 deadline for self-assessment tax returns is fast approaching. Avoid penalties and last-minute stress by filing your ...
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The Chancellor’s Spring Statement, scheduled for 26 March 2025, is expected to focus on navigating the challenges of public finances, ...
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The average number of touchpoints needed to secure a sale, or appointment generally falls between 7 and 12. However, this ...
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The economic outlook for the UK in 2025 presents a mixed picture, with expectations of modest growth tempered by persistent ...
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The UK government has recently addressed the Parliamentary and Health Service Ombudsman's (PHSO) report concerning the communication of changes to ...
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From April 2026, Making Tax Digital for Income Tax (MTD for ITSA) will transform tax compliance for businesses, self-employed individuals, ...
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Inheritance Tax nil-rate bands remain frozen until April 2030. Learn how this affects estates, the residence nil-rate band, and planning ...
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Advisory fuel rates for company cars help employers and employees manage fuel costs without triggering tax liabilities. Learn how to ...
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Ensure compliance with HMRC rules when providing company cars. From P46(Car) submissions to benefit reporting, learn what steps to take ...
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Capital Gains Tax rates have increased for disposals from 30 October 2024, with further changes ahead. Stay informed on the ...
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The cash basis is now the default for self-employed income reporting. Learn about the key updates, opt-out options, and how ...
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1 February 2025 - Due date for Corporation Tax payable for the year ended 30 April 2024. 19 February 2025 ...
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Navigating VAT in the construction industry can feel like untangling scaffolding. Enter the VAT reverse charge—special rules that mean sub-contractors ...
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For companies selling shares, the Substantial Shareholdings Exemption (SSE) can mean significant tax relief. Introduced in 2002 and simplified in ...
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Reclaiming VAT on company cars isn’t as simple as it sounds. Generally, businesses can’t recover VAT unless the car is ...
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Navigating tax obligations can be daunting for small business owners and sole traders. To make life easier, HMRC has introduced ...
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Can’t pay your tax bill in full by 31 January 2025? HMRC’s online Time to Pay system lets self-assessment taxpayers ...
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Over one million parents have now claimed Child Benefit online or via the HMRC app, with 87% of new claims ...
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Intellectual property (IP) refers to creations of the mind, such as inventions, literary works, designs, brand names, and artistic outputs ...
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The UK government has announced significant reforms to enhance compensation for customers affected by water service failures. Under new regulations, ...
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A restaurant in Middlesborough recently challenged a civil penalty notice of £15,000 issued by the Secretary of State for the ...
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From April 2024, UK businesses can access enhanced R&D tax relief through the merged RDEC and new ERIS schemes. With ...
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Could you save up to £1,260 in tax this year? If one of you earns less than £12,570, the Marriage ...
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Married couples and civil partners may be able to pass on up to £1 million of their estate tax-free with ...
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Scammers are on the rise as the Self-Assessment deadline nears! HMRC warns that HMRC never emails or texts about tax ...
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Selling online? From 2024, digital platforms must report your information to HMRC if sales exceed £1,700 or 30 goods a ...
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Scotland’s 2024 Budget delivers on public priorities with investments in services, poverty reduction, and economic growth. Tax rates stay frozen, ...
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Starting your own business is exciting but can be overwhelming if you’re not prepared. To help you navigate the journey, ...
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Small businesses across the UK can now access streamlined support and advice through the newly launched Business Growth Service, designed ...
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One of the most commonly used and valuable exemptions from Capital Gains Tax (CGT) is for the sale of a ...
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It is important to take the necessary steps to protect your land and property from fraud. You are at a ...
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A new rule aimed at preventing individuals from using companies to avoid taxes through the Transfer of Assets Abroad (ToAA) ...
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