Insights & Articles

HMRC has confirmed that the existing Intermediaries Legislation rules (IR35) will be extended to encompass all intermediaries operating through personal…

Starting a business requires an extensive amount of planning and budgeting, one of the most important task is to have…

Property development is a business with high risks, low recurring income, and a long-term vision. However, it can also be…

Accounting can be an extremely complex and time-consuming task for businesses operating in a digital marketplace. However, it’s also one…

What is furlough fraud? Furlough fraud is where an employer deliberately made an excessive claim under the furlough scheme. There…

We are Chartered Certified Accountants based in Gants Hill Ilford. And are committed to helping small businesses achieve growth. And…

The tax benefits of electric vehicles: The government is willing to promote the use of electric cars to help environment.…

What is VAT: VAT is acronym for Value Added Tax applied on purchase rate of taxable supplies and services. Value…

There are special procedures for importing goods into the UK. Following the end of the Brexit transition period on 31…

Since 1 January 2021, businesses registered for VAT have been able to account for import VAT on their VAT return,…

The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in their home. If you…

A recent Supreme Court decision examined in some detail HMRC’s powers in relation to issuing a discovery assessment. HMRC generally…

In most cases, there is no Capital Gains Tax (CGT) to be paid on the transfer of assets to a…

Business Asset Rollover Relief (BADR) is the renamed Entrepreneurs’ Relief. The name change does not affect the operation of the…

1 January 2022 - Due date for Corporation Tax due for the year ended 31 March 2021. 19 January 2022…

The deadline for paying any Capital Gains Tax (CGT) due on the sale of a residential property is now 60…

The Office of Tax Simplification (OTS) was established in July 2010, to provide advice to the Chancellor of the Exchequer…

At the Autumn Budget 2021, it was announced that there would be a dedicated day this Autumn where the government…