The Ins and Outs of Employing Young People

The first thing to consider when employing young people is their age. The legal working age in the UK is 16 ...

Now Labour Are In Government What Tax Rises Are Coming?

It has been widely reported that new chancellor Rachel Reeves will be looking at taxation to manage public debt ...

HMRC Warn Of CGT Penalties for One-Off Transactions

As a UK taxpayer, you may be aware of the potential changes to Capital Gains Tax rates that have been making headlines ...

Thousands of Pensioners May Be Eligible for DWP Refund

If you claimed child benefits between 1978 and 2000, you may have been underpaid your state pension ...

VAT On Holiday Lets And Serviced Accommodation

With many businesses, once your income heads above £90000 you have to register for and pay VAT every quarter ...

Are Hybrid Working Expenses Tax Deductible?

With the rise of hybrid working, many UK professionals have found themselves at home for a large portion of their week ...

Election 2024: Potential Tax Changes Coming Within 100 Days

With the General Election 2024 scheduled for the 4th of July, the political landscape in the UK looks likely to change ...

Child Benefit for 16-Year-Olds In Further Education

As children reach the age of 16, they may choose to continue with further education after they've sat their GCSEs ...

ERS: What Are Employment Related Securities?

Employment-Related Securities (ERS) are a type of financial instrument that can have an impact on your limited company ...

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 ...