Insights & Articles

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…

HMRC has confirmed that almost 1.8m couples across the UK have benefitted from the marriage allowance and are saving up…

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…

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…