HMRC publishes a list of income streams that are excluded from a UK property businesses' taxable income. The list includes fishing concerns, hotels and guest houses, tied

Inheritance Tax (IHT) is levied on a person’s estate when they die and can also be payable during a person’s lifetime on certain trusts and gifts. The rate of

Annual investment allowance or writing down allowance? The way in which relief for capital expenditure is given depends on the way in which the accounts are prepared. For companies, and […]

Relief for trading losses In the event that a loss arises in a trade or profession, consideration should be given as how best to obtain relief for that loss. As […]

Employees frequently use their cars for work and maybe paid a mileage allowance by their employer for doing so. Employers are generally familiar with the rates that can be paid […]

VAT Information Exchange System (VIES) provides a mechanism whereby checks can be made in each Member State on the validity of claims to zero-rating. It helps to detect unreported movements […]

Topic:-Boris Johnson to delay 17% rate of Corporation Tax Corporation tax is scheduled to be reduced from 19% to 17% from 1 April 2020. However, in a speech to the […]

1 December 2019 – Due date for Corporation Tax payable for the year ended 28 February 2019.

19 December 2019 – PAYE and NIC deductions due for month ended 5 December 2019. (If you

Fraudsters are continuing to target taxpayers with scam emails in advance of the 31 January deadline for submission of Self-Assessment returns. In fact, over the last year, HMRC

If you are an employee and use your own money to buy things you need for your job, you can sometimes claim tax relief for the associated costs. It is usually only possible to claim

If you come to live in the UK there are basic tax considerations that you will need to observe. Most importantly, you will be required to pay tax on your income (in excess of any

Gift Hold-Over Relief is effectively a deferral of Capital Gains Tax (CGT) when assets are given away (including certain shares) or sold for less than they’re worth to help