Here is a list of five things that you, as a business owner, need to be aware of and plan…
Self-Assessment taxpayers are usually required to pay their Income Tax liabilities in three instalments each year. The first two payments…
An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference…
The new super-deduction tax break, that will allow companies to deduct 130% of the cost of any qualifying investment from…
HMRC is going to go strict on those who have over-claimed under Coronavirus Job Retention Scheme (CJRS). HMRC is going…
HMRC’s guidance makes it clear that any business that makes an error in making a Coronavirus Job Retention Scheme (CJRS)…
The Financial Secretary to the Treasury has written to the Office of Tax Simplification (OTS) to confirm that HM Treasury…
The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in their home. The current…
Following the end of the Brexit transition period, the process for exporting goods to the EU mirrors the process for…
The new Pensions Scheme Act received Royal Assent on 11 February 2021. The Act covers a number of important pensions-related…
Following the end of the Brexit transition period, businesses need to make customs declarations when exporting goods to the EU…
Employees who are working from home may be able to claim tax relief for any additional costs due to home…
A recent investigation by the Insolvency Service resulted in the sole director of a Leicester clothing manufacturer being jailed for…
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…