In most cases, there is no Capital Gains Tax (CGT) to be paid on the transfer of assets to a…
Poor budgeting and forecasting can have severe consequences, especially for small UK businesses. Inadequate financial planning often leads to cash…
Director reviewing salary and dividend figures for taking money out of a limited company on a laptop and desk documents
Understanding the VAT treatment of vocational training is essential for organisations delivering professional or skill-based education in the UK. Recent…
If you run an owner-managed or family company, your director tax return 2025/26 asks for more information than ever before.…
Many UK businesses use double cab pick-ups for work, with some private use allowed. Until recently, these vehicles often sat…
Most businesses ask this as a yes-or-no question, but UK VAT does not work that neatly. Whether a business can…
The current relief thresholds have not changed. Business rates relief 2026 has not adopted a £17,096 exemption threshold. A newspaper…
Company directors considering a share buyback, capital reduction or restructuring now have another factor to consider. HMRC’s consultation, “Modernising the…
A rise in dividend tax rates for the 2026/27 tax year and the continued freeze on personal allowances have narrowed…
For many small businesses, keeping up with tax now means managing several filing cycles, digital reporting requirements and separate payment…
A business with two or more owners may want the flexibility of a partnership without exposing every member to the…
The question, “Do hairdressers charge VAT in the UK?” is one that many salon owners, freelance stylists, and mobile hairdressers…
Auto repair shops in the UK often handle parts sales and labour charges for the same job. While this is…
The proposed UK exit tax is a one-off charge, reported at around 20%, on unrealised gains in UK business and…
If you’re selling items online via Vinted, eBay or similar in the UK, it’s very useful to understand the Trading…
From 6 April 2027, the way UK employers report some benefits in kind will change significantly. Company cars, car fuel,…
Paid entries to UK online prize draws are subject to VAT at the standard 20% rate when the entry fee…
