Insights & Articles

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…

There are special VAT rules that allow two or more corporate bodies to be treated as a single taxable person…

There are a number of reasons why you might need to complete a Self-Assessment return. This includes if you are…

The Gift Aid scheme is available to all UK taxpayers. The charity or Community Amateur Sports Clubs (CASC) concerned can…

The marriage allowance came into force in 2015 and applies to married couples and those in a civil partnership.

The VAT liability of the supply of driving lessons is an interesting issue that can be of relevance to other…

The transfer of a business as a going concern (TOGC) rules cover the VAT liability on the sale of a…

HMRC publishes a list of income streams that are excluded from a UK property business. The list includes fishing concerns,…

The Structures and Buildings Allowances (SBA) facilitates tax relief for qualifying capital expenditure on new non-residential structures and buildings. The…

Business Asset Roll-over Relief is a valuable relief that allows the deferral of Capital Gains Tax (CGT) on gains made…

The Capital Gains Tax (CGT) reporting and payment date for UK residents that sell a residential property changed with effect…

An interesting case has seen a haulage company based in the West Midlands have their operator licence revoked. This followed…

There are a few VAT margin schemes. The margin schemes work by allowing qualifying businesses to account for VAT on…

The Annual Tax on Enveloped Dwellings (ATED) is a tax payable by certain Non-Natural Persons (NNPs) that own interests in…

The Enterprise Investment Scheme (EIS) has been designed to increase investment in the early development of high potential growth businesses.…

The temporary reduced rate of 5% for hospitality, holiday accommodation and attractions that came into effect in July 2020 ended…

The trivial benefits in kind (BiK) exemption applies to small non-cash benefits, for example a bottle of wine or a…