News

CGT during divorce or separation

If you are part of a couple that is about to separate or divorce, apart from the emotional stress, there ...
Read More

Taxpayers who return to the UK

There are tax implications that you will need to consider if you previously left the UK to live abroad and ...
Read More

Corporation Tax – marginal relief from 1 April 2023

The Corporation Tax main rate will increase to 25% from 1 April 2023 for companies with profits over £250,000. A ...
Read More

Claiming Child Trust Fund cash

HMRC has published their latest statistics on Child Trust Funds which reveal that whilst 320,000 accounts have now matured, 175,000 ...
Read More

Concerns about tax repayment agents

HMRC has launched a new consultation seeking views on proposed measures to address consumer protection issues for people who claim ...
Read More

Potential tax demand scam

The Office of Tax Simplification (OTS) is a well-known organisation that provides independent advice to the government on simplifying the ...
Read More

Notifying cessation of self-employment

Any taxpayers that have ceased to be self-employed must notify HMRC of their change in status. There are a number ...
Read More

Submitting CIS nil monthly returns

The Construction Industry Scheme (CIS) is a set of special rules for tax and National Insurance for those working in ...
Read More

Check employment status for tax

The Check Employment Status for Tax (CEST) tool can be used to help ascertain if a worker should be classified ...
Read More

Class 1A payment deadline

Class 1A NICs are paid by employers in respect of most benefits in kind provided to employees such as a ...
Read More

Reform of Consumer Credit Act

The government has announced new plans to modernise consumer credit laws to cut costs for businesses and simplify rules for ...
Read More

New deal for private renters

The government has announced their intention to fundamentally reform the private rented sector marking the biggest shake up of the ...
Read More

Tax Diary July/August 2022

1 July 2022 - Due date for corporation tax due for the year ended 30 September 2021. 6 July 2022 ...
Read More

Changes in State Pension age

The State Pension age is currently 66 and two further increases are set out in legislation: a gradual rise to ...
Read More

Tax and duties on goods sent from abroad

There are special rules to ensure that goods sent from abroad are taxed appropriately and thus not disadvantage UK businesses ...
Read More

Business Start Up Loans

Financing a new Start Up business is one of the most crucial aspects of helping a new venture to succeed ...
Read More

New grant opportunities for farmers

New grant opportunities to help farmers have been announced. The new grants will help farmers boost their businesses and add ...
Read More

Right to Buy home scheme extended

The Right to Buy scheme has been available in various guises since it was first launched in the 1980s and ...
Read More

What is tax avoidance?

There is a distinction to be drawn between tax avoidance and tax evasion. Tax evasion is illegal and describes a ...
Read More

UKs audit regime to be revamped

The government has announced plans to revamp the UK’s corporate reporting and audit regime. The main changes were summarised as ...
Read More