Insights & Articles

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…

Government support to the self-employed through the Self-Employment Income Support Scheme (SEISS) is due to end on 30 September 2021.…

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

1 August 2021 - Due date for Corporation Tax due for the year ended 31 October 2020. 19 August 2021…

We would like to remind any students and seasonal staff that work part time, for example in a summer job,…

If you are a couple that is getting separated or divorced, apart from the emotional stress, there are also tax…

HMRC sets out specific guidance regarding the application of VAT if you are in the taxi and private hire car…

There are a number of reliefs available that can reduce liability to IHT if you inherit the estate of someone…

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

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

VISA have issued information regarding changes to card processing security from September 2021. The idea is to reduce online fraud.…