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 ...

Changes To Research And Development Tax Relief

The UK's Research And Development tax relief scheme has been a powerful growth catalyst for businesses ...

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 ...

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?

Evading Tax Penalties on Excessive Director's Loan Accounts

To manage the financial affairs of a company, directors may need to borrow funds from their own company ...

Is the End Near for Members Voluntary Liquidation?

Members Voluntary Liquidation is an insolvency procedure used by businesses looking to wind up their operations ...

HMRC Targets Businesses in Crackdown on Electronic Till Fraud

The use of electronic sales suppression tools, commonly known as till fraud is a growing concern for HMRC ...

HMRC and the Taxation of Cryptoassets

Cryptocurrencies have gained attention recently, not only as an investment but also as a means of payment ...

Seven Key Tax Planning Points for SMEs To Watch

It's important for business owners to understand the intricacies of tax planning for their small businesses ...