How Reduced CGT Allowance Puts Crypto Investors At Risk

If you are a crypto investor in the UK, you need to be aware of the tax implications of your investments ...

Understanding Self-Assessment Late Filing Penalties

Self-assessment tax returns are a way for individuals in the UK to report their income and pay the right amount of tax ...

Working From Home And Commuting

If you are one of the many people in the UK who are working from home, you may wonder about tax on commuting ...

Essential Tax Tips: How to Grow Your Pension

As a retiree, you may have noticed that your state pension has increased to £11,502. This may seem like good news ...

P11D: Focus On Staff Entertaining

Accountants are noticing an increasing number of enquiries from HMRC about the amounts spent on entertaining staff ...

Maximising Your Tax Savings as an Airbnb Host

Congratulations on becoming an Airbnb host! However, along with the excitement of hosting guests, come the taxes ...

The Future of Furnished Holiday Lets in the UK

The Chancellor announced in the Budget that he was scrapping the beneficial furnished holiday let rules ...

ATED: Annual Tax On Enveloped Dwellings Deadline

Are you due to submit your Annual Tax on Enveloped Dwellings (ATED) soon? You may need to even with no tax due ...

New Cap On High Income Child Benefit Charge

The High Income Child Benefit Charge (HICBC) has been a controversial topic since its introduction in 2013 ...

HMRC Targets The Unrepresented in Basis Period Reform

The UK tax system is complex and ever-changing, and in 2024, HMRC will introduce Basis Period Reform ...

Double Cab PickUps Are Still Vans And Not Cars!

Double cab pickups have long been a popular choice for many businesses, especially in farming and construction ...

The Rise In Inheritance Tax Penalties

As the cost of living rises, the tax burden weighs on the minds of many. Inheritance Tax is now a cause for concern ...

The Government Is Facing Pressure To Scrap HICBC

You may have heard about the High Income Child Benefit Charge (HICBC) and the controversy behind it ...

Should You Set Up A Trust Or Family Investment Company?

If you're estate planning right now, you could be considering a Family Investment Company over a Family Trust ...

Do You Need To Make A Voluntary Disclosure To HMRC?

With the introduction of new computer systems, it is increasingly difficult to keep things hidden from HMRC ...

Builder Wins Private Residence Relief Case Against HMRC

Disputes between taxpayers and HMRC are not uncommon. A recent case has caught the attention of many ...

Claiming Child Benefit in the UK Just Got Easier

As a new parent, you may have heard about Child Benefit, but do you really know what it is and how to claim it?

Director Loans And Breathing Space Under S455

As a director, you may have taken a loan from your company for personal use, but are you aware of the tax implications?