Nobody wants the taxman to take more than his fair share and planning your finances early on can ensure you adopt the most tax-efficient strategy for the months and years ahead. Read our update to see what reliefs and allowances [...]
Despite year-on-year tax rises, company cars remain a popular benefit. While the tax cost of expensive high-emission cars can be eye-watering, by choosing carefully it’s possible to enjoy the convenience that comes with a company car for a relatively low [...]
There are a number of rules that surround carrying on a similar business through a new company after the original company has gone into insolvency, also known as ‘phoenixing’. Read our update to understand what the tax legislation says about [...]
With a new tax year almost upon us, many sole traders will be reviewing their business structure and considering whether it’s worth switching to a limited company. What’s involved? Read our update to see what to expect from incorporating your [...]
Chancellor Philip Hammond has delivered his Spring Statement 2018. There was no red briefcase, no red book, and no tax changes as the chancellor announced updated economic forecasts. Aside from updated economic forecasts, the rest of the chancellor’s attention focused [...]
Most employers choose to recognise the ongoing commitment made by their employees by providing various benefits and rewards. Read our update for the tax implications of providing some of those benefits.
If you are a landlord, do you know whether your accounts should be prepared under the cash basis or the accruals basis? Read our update to see the key differences between them.
HMRC’s vision to digitalise the UK tax system is well underway. From April 2019, all VAT registered businesses with turnover above the VAT threshold will be required to maintain digital records and send their information to HMRC using commercial software. [...]
With just under 2 months left before the end of the 2017/18 tax year end, now is the time to start thinking about what tax reliefs and allowances are available and whether you are taking advantage of them. Download our [...]
It may feel like we’re living in increasingly uncertain times ever since the UK voted to leave the EU. That centred on most of the electorate’s desire to obtain more devolved powers from Brussels, but in reality devolution has been [...]