Welcome to our Brexit newsletter. There will be new rules for trade, travel and living in the UK and EU from 11.00 pm on the 31 December 2020. Our aim […]

In his spending review yesterday Rishi Sunak said the “economic emergency” caused by Covid-19 has only just begun, as he warned the virus would mean lasting damage to growth and […]

The rent-a-room scheme allows those with a spare room in their home to let it out furnished and to receive rental income of £7,500 tax-free each year without the need […]

West London Business Awards 2021 shortlist announced! West London Business is proud to announce the shortlist for the eighth edition of the West London Business Awards. Celebrating talent, entrepreneurship and […]

There can be money to be made buying a property in a dilapidated state, renovating it, and selling it for a profit. However, when it comes to tax, it is […]

Furnished holiday lets benefit from a number of tax advantages which are not available to landlords of residential lets. One of the main advantages is the opportunity to benefit from […]

The delayed extension to the off-payroll working rules will come into effect from 6 April 2021. Under the extended rules, where services are supplied via an intermediary, such as a […]

Where a family company has cash in the bank but profits have been adversely affected by the pandemic, directors of a family company may wish to take a short term […]

At the start of the pandemic, VAT registered businesses were given the option of deferring payment of ant VAT that fell due in the period from 20 March 2020 to […]

The Furlough Scheme came to an end on 31 October, but some business sectors remain subject to restrictions. In his Winter Economy Plan, the Chancellor, Rishi Sunak, announced a new […]

Over the past ten years, various steps have been taken to improve the effectiveness of the off-payroll (IR35) rules, with limited success.  In April 2017 the Government reformed the way […]

An income tax charge will generally arise where an employee, or a family member, is able to use a work’s van for private use. This will nearly always include home-to-work […]