Insights & Articles

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

As announced in the Budget earlier this year there will be two rates of Corporation Tax from 1 April 2023.…

A trust is an obligation that binds a trustee, an individual or a company, to deal with the assets such…

The 31 July 2021 is the reporting deadline for families and individuals that receive tax credits. By this date they…

The Coronavirus Job Retention Scheme (CJRS) commonly known as the furlough scheme is open to all UK employers to access…

There have been significant changes to the EU VAT rules for the sale of goods for businesses selling goods to…

The VAT domestic reverse charge accounting mechanism was put in place to help prevent criminal attacks on the UK VAT…

Income Tax is generally payable on taxable income received by individuals including earnings from employment, earnings from self-employment, pensions income,…

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

One of the lessons we should take away from the COVID experience - in a business context - is the…

EU workers already living in the UK before 31 December 2020 have been required to apply for the EU Settlement…

The deadline for submitting the 2020-21 forms P11D, P11D(b) and P9D is 6 July 2021. Employees must also be provided…

The new UK Infrastructure Bank has officially opened for business. The new bank, which is headquartered in Leeds, will be…

HMRC has confirmed that the 300-year-old process used to manually stamp documents to show the duty has been paid will…

The rules for individuals providing services to certain private sector organisations via an intermediary such as a personal service company…

A taxable benefit charge can apply when employees return office equipment they used to work from home. There was a…

The lifetime allowance is the maximum amount of pension and/or lump sum that benefits from tax relief. The lifetime allowance…

An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference…