Insights & Articles

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.…

The Prime Minister, Boris Johnson, spoke to the nation and confirmed that the vaccines have significantly weakened the link between…

For most fully taxable businesses, VAT can be reclaimed on goods and services used in the business. This means that…

Capital Gains Tax (CGT) is normally charged at a simple flat rate of 20% and this applies to most chargeable…

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…

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