Capital Gains Tax – the new rates
Capital Gains Tax rates have increased for disposals from 30 October 2024, with further changes...
Cash-basis default position for self-employed
The cash basis is now the default for self-employed income reporting. Learn about the key...
VAT Reverse Charge in Construction: What You Need to Know
Navigating VAT in the construction industry can feel like untangling scaffolding. Enter the VAT reverse...
The Substantial Shareholdings Exemption
For companies selling shares, the Substantial Shareholdings Exemption (SSE) can mean significant tax relief. Introduced...
When can you recover VAT on a car purchase
Reclaiming VAT on company cars isn’t as simple as it sounds. Generally, businesses can’t recover...
New online tax tools for the self-employed
Navigating tax obligations can be daunting for small business owners and sole traders. To make...
Spreading tax payments by using Time to Pay
Can’t pay your tax bill in full by 31 January 2025? HMRC’s online Time to...
Claiming Child Benefits online
Over one million parents have now claimed Child Benefit online or via the HMRC app...
Why Protecting Intellectual Property is Important
Intellectual property (IP) refers to creations of the mind, such as inventions, literary works, designs...
Government Forces Water Companies to Double Compensation
The UK government has announced significant reforms to enhance compensation for customers affected by water...
Just because an employee is a lawful resident of the UK does not give them the right to work
A restaurant in Middlesborough recently challenged a civil penalty notice of £15,000 issued by the...
Could you claim R&D relief?
From April 2024, UK businesses can access enhanced R&D tax relief through the merged RDEC...
Are you eligible to claim the Marriage Allowance?
Could you save up to £1,260 in tax this year? If one of you earns...
IHT nil rate band reduction for large estates
Married couples and civil partners may be able to pass on up to £1 million...
Self-assessment scam warning
Scammers are on the rise as the Self-Assessment deadline nears! HMRC warns that HMRC never...