News

Tax and property when you separate or divorce

When a couple separates or divorces, most attention focuses on the emotional and practical aspects. However, it is important to ...
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Entertaining employees

In general, entertaining employees is an exception to the normal rule that business entertainment costs are not allowable for tax ...
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Claiming Business Asset Rollover Relief

Claiming Business Asset Rollover Relief allows for the deferral of Capital Gains Tax (CGT) when taxpayers sell or dispose of ...
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Inheriting Additional State Pension

The Additional State Pension is only available to those who reached the state pension age before 6 April 2016 and ...
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Sign up for online services

HMRC online services allow individuals, businesses and agents to manage tax matters securely over the internet. Using an HMRC online ...
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31 January deadline met by more than 11.48 million people

HMRC has confirmed that more than 11.48 million people submitted their 2024-25 self-assessment tax returns by the 31 January deadline ...
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Tax Diary March/April 2026

1 March 2026 - Due date for Corporation Tax due for the year ended 31 May 2025.2 March 2026 – ...
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Business rates support and cash flow for hospitality businesses

Hospitality businesses continue to operate in a challenging environment. Rising wage costs, energy prices and supply chain pressures have all ...
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Budgeting and forecasting in a period of lower confidence

Many business owners are entering the new year with a sense of caution. Confidence across the UK business community has ...
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Do you charge VAT when you sell a company car?

The question of whether or not you are required to charge VAT when selling a company car depends on how ...
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New employee starter checklist

Setting up the correct tax code when a new employee starts is essential, as even small payroll errors can lead ...
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Eligibility for Business Asset Disposal Relief

Business Asset Disposal Relief (BADR) can significantly reduce the Capital Gains Tax due when selling a business or shares, but ...
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Car and travel costs if self employed

If you are self-employed, it is important to understand which car and travel costs can be claimed. You can claim ...
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What is a salaried member of an LLP

The salaried member legislation applies to certain members of a Limited Liability Partnership (LLP) whose terms of membership are more ...
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What is a UK property business

The income generated from land or property in the UK is treated as arising from a UK property business. The ...
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Payments made into employee benefit trusts constitute taxable income

A Tribunal recently ruled that payments made for work into a third-party trust constitute immediate employment earnings. This decision effectively ...
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Turning waste disposal into an income stream

For many businesses, waste disposal is seen purely as a cost, an unavoidable expense required to stay compliant and keep ...
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The rise of the silver economy

The term “silver economy” is used to describe the growing economic activity linked to an ageing population. In the UK ...
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