How to appeal against a tax decision
It is not unusual for taxpayers to find themselves in a position where they disagree with a tax decision ... read more
Claiming an “unclaimed” estate
There are special rules that govern how assets are divided if a person dies without making a will. If ... read more
How to import goods for the first time
Businesses that are starting to import goods for the first time need to be aware of a myriad of special ... read more
Disguised remuneration settlement opportunity
A new measure to tackle disguised remuneration tax avoidance schemes was announced as part of the Autumn ... read more
How much statutory redundancy pay should you receive?
If you have been in the same job for two years or more and are made redundant you will usually be ... read more
Changing a will after death
This may come as a surprising fact to many of our readers, but a will can be changed after death. This ... read more
Are you caught by the High Income Child Benefit tax charge?
The High Income Child Benefit Charge (HICBC) applies to taxpayers whose income exceeds £50,000 in a tax ... read more
OTS publishes new report on the VAT system
The Office of Tax Simplification (OTS) provides advice to the Chancellor on simplifying the UK tax ... read more
Delay in withdrawal of self-employed NIC contributions
In a surprising move, the Government has announced that the planned abolition of Class 2 National ... read more
HMRC win Littlewoods’ tax case
HMRC has won a landmark case after the Supreme Court overturned an earlier decision of the Court of ... read more
Are your bank deposits protected?
The bank deposit guarantee limit is the amount of money that is guaranteed for savers in UK banks and ... read more
Interest rates start to rise
In a widely expected move, the Bank of England’s Monetary Policy Committee (MPC) voted by a majority of ... read more
UK Living Wage rates rise
The current National Minimum Wage (NMW) hourly rate for adults between 21-24 years old is £7.05, and the ... read more
New Acas guidance on dealing with stress in the workplace
Following the publication of its guidance for employers on managing staff who are experiencing mental ... read more
Change to tax relief on re-mortgaged buy-to-let property?
HMRC’s guidance on paying income tax when you rent out a property has been updated to reflect the new ... read more
Are your earnings approaching £100,000?
For high earning taxpayers the personal income tax allowance is gradually reduced by £1 for every £2 of ... read more
CGT payable on sale of personal possessions
There are special rules concerning the payment of capital gains tax (CGT) on the sale of personal ... read more
Unpaid director’s salary taxable or not?
A recent First-Tier Tribunal case examined whether amounts credited to a director’s loan account were ... read more
Adjustments if you leave the VAT Flat Rate Scheme
Any business that has been adversely affected by the new 'limited cost trader' test that was introduced ... read more
More than one source of self-employment
Any self-employed person who has more than one source of self-employment is required to pay Class 4 NICs ... read more
Workers unaware of pension contribution increases
The current total minimum contribution to a defined contribution workplace pension scheme under the ... read more
Gazumping may become a thing of the past
The Communities Secretary Sajid Javid has announced plans to make the process for buying a home 'cheaper, ... read more
Fine wine investment scam
A recent investigation by the Insolvency Service has seen two directors of a company selling fine wines ... read more
Buying an electric or low emission car
Businesses can claim a 100% first-year allowance (FYA) on the purchase of certain qualifying Plant and ... read more