Dividends have their own tax rules and their own rates of tax. The rules and the rates applicable in the same way regardless of whether the dividends are paid from […]

Last year, the Covid-19 pandemic and national lockdown took Christmas parties (other than virtual ones) off the agenda. This year, they may be a temptation to make up for the […]

Childcare costs can be very expensive and any help is welcomed, particularly where you can benefit from that help tax-free. There are various routes by which this is possible. Government […]

The annual investment allowance (AIA) allows you to claim an immediate deduction against your profits for qualifying capital expenditure up to the available limit. The AIA limit was temporarily increased […]

10 October 2021 Harrow, United Kingdom Accountants are officially recognized for being an inspiration to the world The United Kingdom accountancy firm Makesworth Accountants has been named as one of […]

For tax purposes, furnished holiday lettings are something of a special case and benefit from a number of advantages not available to standard residential lets. One of these advantages is […]

Childcare is expensive; however, the tax free system can provide a helping hand. In recent years, there has been a shift from tax relief for employer-supported childcare and vouchers to […]

When a company closes down, it may have accumulated monies or assets that need to be distributed to shareholders. If the asset is in the form of cash then any […]

In a furnished let, wear and tear of domestic items are inevitable and there will come a time when the landlord will need to provide replacements. From a tax perspective, […]

Capital allowances are the tax equivalent of depreciation and the mechanism of providing tax relief for certain items of capital expenditure. However, with the exception of cars, capital allowances are […]

Although married couples and civil partners are assessed individually for capital gains tax purposes and each has their own annual exempt amount, a special rule allows them to transfer assets […]

Last year apart, the number of tax enquiries is on the increase; the reason is not that more taxpayers are seeking to defraud the tax system but because advances in […]