Insights & Articles

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

New VAT rules for building contractors and sub-contractors came into effect on 1 March 2021. The new rules make the…

The Customs Declaration Service (CDS) has been designed to modernise the process for completing customs declarations for businesses that import…

Are you thinking of investing in new plant or other equipment? Remember that the super-deduction offering 130% first-year tax relief…

If you are a landlord, it is important that you are aware of expenses you can and cannot claim from…

If you have lost or forgotten your National Insurance number you should try and locate the number on paperwork such…

The VAT annual accounting scheme is open to most businesses with a turnover of up to £1,350,000 per year. The…

Goodwill is rarely mentioned in legislation. Most people would settle on a simple definition which would be based on the…

The Pubs Code Adjudicator is responsible for enforcing the statutory Pubs Code. The Pubs Code regulates the relationship between all…

When identifying the amount of VAT charged, it is important to distinguish between VAT inclusive and VAT exclusive prices. A…

If a company has stopped trading and has no other income then the company is usually classed as dormant for…

HM Treasury has published a Correction Treasury Direction made under the Coronavirus Act 2020, section 76, which modifies and extends…

Capital Allowances are the deductions which allow businesses to secure tax relief for certain capital expenditure. Capital Allowances are available…

It is possible in certain circumstances for an individual to have two domiciles although this is unusual. There is a…

Inheritance Tax (IHT) is commonly collected on a person’s estate when they die but can also be payable during a…

HMRC has published new guidance to help the self-employed calculate their turnover for making a claim under the 5th Self-Employment…

The Construction Industry Scheme (CIS) is a set of special rules that affect tax and National Insurance for those working…

When a new employee is added to the payroll it is the employers' responsibility to ensure they meet the employees’…