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 [...]
The tax treatment of termination payments can be complex, not least because a termination package typically comprises several different elements, which may be treated differently for tax and national insurance purposes. In a bid to simplify matters, the rules for [...]
Incorporating charitable giving into your tax planning strategy can be a useful way to reduce both your income tax and inheritance tax. Read our guide on how to include charitable donations in your tax planning strategy.
What can you expect when the Revenue comes knocking? Read our guide to find out the triggers, the different levels of investigation and the process.
For self-employed people, company directors and those receiving other sources of income, it’s that time of year to file your self-assessment tax return online. Read our guide for a summary of the process and other considerations. Alternatively let us do [...]