Insights & Articles

The 1,25% increase in NIC contributions from April 2022 will be mirrored by a similar increase in the tax charge…

Gift Hold-Over Relief is effectively a deferral of Capital Gains Tax (CGT) when assets are given away (including certain shares)…

If you are a higher rate or additional rate taxpayer, you are eligible to claim relief on the difference between…

There are a number of options open to taxpayers who disagree with a tax decision issued by HMRC. It is…

Companies use incentive award schemes to encourage their employees in various ways. For example, to sell more of their own…

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

The scope and legal basis of how VAT is charged on taxable supplies is defined as follows in the VAT…

1 September 2021 - Due date for Corporation Tax due for the year ended 30 November 2020. 19 September 2021…

There is no requirement to report certain routine expenses to HMRC. The types of expenses and benefits covered are referred…

The annual allowance for tax relief on pensions is currently set at £40,000. The annual allowance is further reduced for…

There are complex VAT rules that determine how you can recover VAT on car purchases. The usual fallback rule is…

The VAT Capital Goods Scheme (CGS) is a means of adjusting the initial VAT recovery in respect of certain assets…

Under qualifying circumstances, Corporation Tax (CT) relief is available where a company makes a trading loss. The trading loss can…

There are special rules for the taxation of post-cessation transactions after a trade has ceased. The legislation clearly states that…

The recent Court of Appeal and Crown Court decisions to quash the convictions of many former postmasters was widely welcomed.…

The Help to Grow: Management course is a government backed programme to help business leaders develop their strategic skills, create…

The final step in bringing a company to a legal end is when the company is dissolved. However, one of…

There are special rules for the taxation of post-cessation receipts and expenses after a trade has ceased. These provisions also…