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12-12-2018
VAT on property service charges

VAT on property service charges

A new Revenue and Customs Brief (6-2018) entitled VAT exemption for all domestic service charges has ... read more

12-12-2018
Are you ready for VAT filing changes April 2019?

Are you ready for VAT filing changes April 2019?

The introduction of Making Tax Digital (MTD) for VAT is fast approaching. From April 2019, some 1 ... read more

12-12-2018
Is your income approaching £100,000?

Is your income approaching £100,000?

For high earning taxpayers, the personal allowance is gradually reduced by £1 for every £2 of adjusted ... read more

12-12-2018
Qualifying for VAT special schemes

Qualifying for VAT special schemes

There are three main special VAT schemes available to small businesses. These are the flat rate scheme, ... read more

12-12-2018
When is lettings relief available?

When is lettings relief available?

In general, there is no Capital Gains Tax (CGT) on a property which has been used as the main family ... read more

12-12-2018
How the £1,000 trading allowance works

How the £1,000 trading allowance works

There is a £1,000 tax allowances for miscellaneous trading income that has been available to taxpayers ... read more

11-12-2018
Citizens’ rights in the event of a no deal Brexit

Citizens’ rights in the event of a no deal Brexit

The government has published a policy paper on what might happen to EU citizens in the UK and UK ... read more

05-12-2018
Could you claim expenses and an early tax refund?

Could you claim expenses and an early tax refund?

HMRC is reminding employees that they may be able to claim a tax rebate if they have incurred certain ... read more

05-12-2018
X-factor VAT bonus

X-factor VAT bonus

The Chancellor, Philip Hammond has announced that the government will waive the VAT equivalent on the ... read more

05-12-2018
Employing someone to work in your home

Employing someone to work in your home

When you employ someone to work in your home, it is your responsibility to ensure you meet the employee's ... read more

05-12-2018
UK VAT claims by non-EU businesses

UK VAT claims by non-EU businesses

The VAT paid in other EU countries is often recoverable by VAT-registered businesses in the UK, who ... read more

05-12-2018
HMRC writes to taxpayers in Wales

HMRC writes to taxpayers in Wales

HRMC has written to two million taxpayers in Wales concerning the introduction of the Welsh rates of ... read more

05-12-2018
Taxation of termination payments

Taxation of termination payments

In the 2016 Budget, the government announced that termination payments over £30,000 would be subject to ... read more

05-12-2018
Who can or cannot claim the Employment Allowance

Who can or cannot claim the Employment Allowance

The Employment Allowance of £3,000 per year is available to most businesses and charities to be offset ... read more

05-12-2018
When you can utilise overlap relief

When you can utilise overlap relief

The assessment of self-employed or partnerships profits is usually relatively straight-forward if the ... read more

03-12-2018
Statutory employee benefit pay to rise from April 2019

Statutory employee benefit pay to rise from April 2019

In a written ministerial statement, the government has announced the proposed new rates for Statutory ... read more

29-11-2018
Tax Diary December 2018/January 2019

Tax Diary December 2018/January 2019

1 December 2018 - Due date for Corporation Tax due for the year ended 29 February 2018. 19 December 2018 ... read more

28-11-2018
When to report and pay Capital Gains Tax

When to report and pay Capital Gains Tax

The annual Capital Gains Tax (CGT) exemption for individuals is £11,700 for 2018-19. A husband and wife ... read more

28-11-2018
Inheritance Tax if you live abroad

Inheritance Tax if you live abroad

The Inheritance Tax rules can be difficult to fathom when an expat or another person with connections to ... read more

28-11-2018
Claim tax relief for job related expenses

Claim tax relief for job related expenses

Employees who use their own money to buy things they need for their job can sometimes claim tax relief ... read more

28-11-2018
Coding out debts deadline

Coding out debts deadline

The coding threshold entitles taxpayers to have tax underpayments collected via their tax code, provided ... read more

28-11-2018
Pension automatic enrolment changes

Pension automatic enrolment changes

Automatic enrolment for workplace pensions encourages many employees to start making provision for their ... read more

28-11-2018
New advisory fuel rates published

New advisory fuel rates published

Advisory fuel rates are intended to reflect actual average fuel costs and are updated quarterly. The ... read more

28-11-2018
VAT - FRS limited cost trader

VAT - FRS limited cost trader

The VAT Flat Rate Scheme (FRS) has been designed to simplify a way a business accounts for VAT, and in so ... read more