News – Tide Accounting

What are dividends and how are they taxed

A dividend is a distribution of a company’s profits to its shareholders. Companies may pay [...]

The Rent a Room Scheme

The Rent a Room Scheme is a set of special rules designed to help homeowners [...]

Tax if selling a second property

You may have to pay Capital Gains Tax (CGT) tax when you sell or dispose [...]

Tax on inherited property, money or shares

As a general rule, someone who inherits property, money or shares is not liable to [...]

How long should you keep your tax records

Following the deadline for submission of self-assessment tax returns for the 2024-25 tax year, it [...]

Estimate your Income Tax for the current tax year

If you are concerned by the continuing pressures on your take-home pay and need some [...]

Companies House blunder

A Companies House blunder has raised concerns after a flaw in the WebFiling service briefly [...]

Business solvency, why it matters

Business solvency refers to a company’s ability to meet its financial obligations as they fall [...]

Exit planning, an essential step for business owners

Many business owners spend years building their companies but give far less attention to planning [...]

Tax Diary April/May 2026

1 April 2026 - Due date for corporation tax due for the year ended 30 [...]

Still time to top up your pension contributions

With the end of the 2025-26 tax year approaching on 5 April 2026, there is [...]

Who will be subject to MTD for IT from 6 April 2026

Taxpayers who are self-employed or receive rental income should check whether they will be subject [...]

Seven million people started new jobs in 2025

New figures published by HMRC show that more than 7 million people started a new [...]

Tax allowances frozen for 2026-27

It was confirmed as part of the Autumn Budget that the Income Tax thresholds will [...]

Changes to the calculation of Income Tax

A number of changes to the taxation of dividends, property income and savings income were [...]

Increase in company late filing penalties

After the end of its financial year, a private limited company must prepare full annual [...]

Accelerate Return on Investment

The speed with which a business can achieve a return on investment is often just [...]

Reducing energy consumption

Reducing energy intensity is one of the most practical ways for small businesses to protect [...]

Loans to Participators

There are special rules to prevent close companies, generally companies controlled by a small group [...]

What Is a person with significant control?

A person with significant control (PSC) is someone who owns or exercises significant influence over [...]

Meaning of “bona vacantia”

Bona vacantia is Latin term meaning “ownerless goods”. The bodies that deal with bona vacantia [...]

Reclaiming VAT on a self-build home project

Reclaiming VAT on a self-build home project can significantly reduce the overall cost of building [...]

Claiming a tax refund from HMRC

If you have paid too much tax to HMRC, you may be able to claim [...]

Changes to reporting of BiKs

Mandatory payrolling of benefits in kind (BiKs) and taxable employment expenses will be introduced from [...]

Spring Statement 2026

The Chancellor’s Spring Statement, presented to Parliament 3 March 2026, was packed with political content [...]

Renewed conflict in the Middle East

Renewed conflict in the Middle East is already having knock on effects for the global [...]

AI and the future of work: why healthcare remains resilient

As artificial intelligence becomes embedded in everyday business activity, many clients are asking how it [...]

Meaning of trade for tax purposes

The meaning of trade for tax purposes, often referred to as HMRC’s “badges of trade” [...]

Which supplies are zero rated for VAT?

Understanding which supplies are zero rated for VAT is essential for any business. A zero-rated [...]

Tax effects of letting out part of your home

If you have tenants living in your property, it is important to understand the Capital [...]

When not to charge VAT

When issuing invoices, it is important to apply the correct VAT treatment. In some cases, [...]

How to claim child benefits

An application to claim child benefits can usually be made 48 hours after you have [...]

Creative businesses to benefit from government finance package

The government has announced a new package of measures designed to improve access to finance [...]

Why inflation matters when funding pension funds

When planning pension funding, inflation is often acknowledged but not always fully reflected in contribution [...]

Workplace pensions

Automatic enrolment for workplace pensions has helped many employees to start making provision for their [...]

Simplified expenses on motor vehicles

There are simplified expenses arrangements available for sole traders and business partnerships (with no corporate [...]

Who needs to file a self-assessment tax return

There are several reasons why you might need to file a self-assessment tax return. This [...]

HMRC reminder for self-employed and landlords

If you have not yet checked whether you need to use Making Tax Digital (MTD) [...]

Check how to claim a tax refund

If you believe that you have overpaid tax to HMRC, you may be entitled to [...]

New business formations exceed business “deaths”

The latest figures from the Office for National Statistics show that in 2025 the number [...]