News – Tide Accounting

Capital Gains Tax if selling shares or investments

Capital Gains Tax (CGT) is a tax on the profit you make when you sell [...]

Tax-free benefits in kind from your employer

The range of benefits that can be provided tax-free by an employer is relatively limited, [...]

Claiming tax relief on charitable donations

When you donate money to a charity or Community Amateur Sports Club (CASC) under Gift [...]

Understanding your tax code

Your tax code tells your employer or pension provider how much Income Tax to deduct [...]

Salaried members of LLPs

Members of a Limited Liability Partnership (LLP) are normally treated as self-employed for tax purposes. [...]

Could exporting help your business grow?

Many small business owners assume that exporting is something reserved for larger companies with dedicated [...]

Profit and loss accounts to be filed from April 2028

The Government has confirmed that important changes to Companies House filing requirements will now take [...]

Further registration for Making Tax Digital

Making Tax Digital (MTD) for Income Tax is being rolled out in stages for sole [...]

Self-assessment tax penalties

If you are required to complete a self-assessment tax return, HMRC may charge penalties if [...]

Can you claim R & D relief?

Research and Development (R&D) tax relief is designed to support companies that invest in innovation [...]

Tax when selling overseas property

UK residents are generally liable to Capital Gains Tax (CGT) when they dispose of overseas [...]

Government Backing your Business programme

The government continues to place growing emphasis on supporting smaller businesses through its “Backing Your [...]

Companies House ID verification

Major changes are continuing at Companies House as part of the government's efforts to improve [...]

Tax Diary July/August 2026

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

Tax on rental income

If you receive income from renting out property, it is important to understand your tax [...]

A reminder of the tax rules for online sellers

A reminder that the tax rules for how online platforms report seller information to HMRC [...]

Allowable expenses for the self-employed

If you are self-employed, claiming all of your allowable business expenses can significantly reduce your [...]

Are you affected by the High Income Child Benefit Charge?

Families claiming Child Benefit should be aware of the High Income Child Benefit Charge (HICBC), [...]

Pension tax relief and allowances

Pensions remain one of the most tax-efficient ways to save for retirement, due to a [...]

A reminder to consider the Marriage Allowance

Many married couples and civil partners could be missing out on valuable tax savings available [...]

Government reviews access to face-to-face banking services

The government has announced a review into access to face-to-face banking services as concerns continue [...]

Companies House publishes its business plan

Companies House has published its business plan for 2026-27, setting out its priorities for the [...]

VAT – opting to tax property

The option to tax is a VAT election that allows businesses to treat supplies of [...]

Claiming to reduce payments on account

Self-assessment taxpayers are usually required to make payments on account to pay their Income Tax [...]

IHT – gifts made with reservation of benefits

Most lifetime gifts are treated as potentially exempt transfers (PETs) for Inheritance Tax (IHT) purposes. [...]

A reminder of tax-free trivial benefits

Employers looking to provide staff with small gifts or seasonal tokens of appreciation should remember [...]

Key person policies and tax relief

Many businesses take out “key person” insurance policies to protect against the financial impact of [...]

Government measures to ease rising fuel costs

The government has announced a package of measures intended to help motorists and businesses manage [...]

Increase in approved mileage rates

The Chancellor of the Exchequer, Rachel Reeves updated Parliament on 21 May 2026 on the [...]

New measures aimed at easing living costs

The Government has announced a new package of measures designed to help households manage rising [...]

Tougher action on late payments

The Government has introduced a landmark new Bill aimed at tackling the growing problem of [...]

Landlord tax and National Insurance considerations

When renting out property, landlords may have both Income Tax and National Insurance considerations to [...]

VAT Cash Accounting

The VAT Cash Accounting Scheme can help businesses improve cash flow by allowing VAT to [...]

Can you claim Business Asset Disposal Relief

Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a [...]

Verify your ID at Companies House

Identity verification requirements at Companies House became a legal requirement for directors and people with [...]

Fiscal drag explained

The freezing of tax thresholds can result in a phenomenon commonly referred to as 'fiscal [...]

Making Tax Digital – which software to use

Making Tax Digital (MTD) for Income Tax is now in force for many self-employed individuals [...]

Covering basic business risks

Many business owners spend considerable time focusing on sales growth, staffing and profitability, although basic [...]

New employers check list

Taking on your first employee can help a business grow, although it also brings a [...]

Tax and termination payments

The tax treatment of termination payments is governed by a detailed set of rules that [...]