Insights & Articles

Business owners in vulnerable sectors: predominantly retailers, leisure and entertainment trades, will have seen their hard-won capital all but exhausted…

A few housekeeping tips for readers with buy to let or holiday let properties to think about and action -…

Using the VAT Flat Rate scheme, businesses pay VAT as a fixed percentage of their VAT inclusive turnover. The actual…

HMRC are slowly rolling out their Making Tax Digital (MTD) scheme. Eventually, selected landlords submitting their rental income and outgoings…

Capital Gains Tax (CGT) is normally charged at a simple flat rate of 20% when you sell shares unless they…

Business Asset Rollover Relief is a valuable relief that allows you to defer payment of CGT on gains made when…

A further reminder that new VAT rules for building contractors and sub-contractors will come into effect from 1 March 2021.…

The Inheritance Tax residence nil-rate band (RNRB) is a transferable allowance for married couples and civil partners (per person) when…

The 31 January 2021 tax return filing deadline is not just the final date for submission of your Self-Assessment tax…

Any business that has overclaimed a Coronavirus Job Retention Scheme (CJRS) grant must pay back the overpayment to HMRC. The…

Employers should notify HMRC if they have received a CJRS payment to which they are not entitled and pay back…

If you have managed to retain profits in your business this fat-on-the-bone will help to see you through loss making…

Following a rapid rise in COVID infections, from today 5th January 2021, England has been placed into a new lockdown.…

After a very difficult 2020, the traditional Christmas break is almost with us. If you are an employer and looking…

HMRC and the Advertising Standards Authority (ASA) have come together to jointly target misleading marketing by promoters of tax avoidance…

Where an error on a past VAT return is uncovered, businesses have a duty to correct the error as soon…

HMRC’s published guidance on the application of the 3% higher rate of Stamp Duty Land Tax (SDLT) has been updated.…

It has been estimated that almost £350,000 of charitable donations last year ended up in the pockets of criminals. Government…