News

The VAT Import One Stop Shop (IOSS) Scheme applies to goods imported in consignments with a value of £135 or ...

The Let Property Campaign provides landlords who have undeclared income from residential property lettings in the UK or abroad with ...

The Corporation Tax Main Rate applies to companies with profits in excess of £250,000. The applicable rate is currently 25% ...

Capital Gains Tax (CGT) is normally charged at a simple flat rate of 20% and this applies to most chargeable ...

There are special rules concerning the liability to IHT of a transfer made during one’s lifetime. For example, most gifts ...

Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company or an individual’s ...

Ever wondered how your stake in your business is represented in your accounts? The answer can be found at the ...

In the coming months we will start to see how our new government intends to change the UK tax rules ...

Companies House offers interested parties the ability to order certified copies of certificates and documents held on the Companies House ...

Whilst there are a large number of state benefits available, it is not clear which of these benefits are taxable ...

Capital Gains Tax (CGT) is normally charged at a simple flat rate of 20% (but see comments below) when you ...

The child benefit rates for the only or eldest child in a family is currently £25.60 and the weekly rate ...

The Employment Allowance benefits eligible employers by reducing their National Insurance liability. The current allowance is £5,000. An employer can ...

Two separate £1,000 tax allowances for property and trading income were introduced in April 2017. If you have both types ...

The Information Commissioner’s Office has a simple guide that explains what you need to do in the 72 hours following ...

The Chancellor has promised to take immediate action to fix the foundations of the economy, rebuild Britain and make every ...

In the UK most basic food stuffs are zero rated. However, the definition of 'basic' is not straightforward and many ...

The taxable turnover threshold that determines whether businesses should be registered for VAT is currently £85,000. Businesses with turnover below ...

HMRC must be informed when a non-trading or dormant company restarts trading and becomes active for Corporation Tax purposes. Companies ...

It is important that anyone responsible for the accounts and tax filing regime for private limited companies is aware of ...

As a general rule, an individual who inherits property, money or shares is not liable to pay tax on the ...

As had been widely predicted, the results at the polls have seen the Labour Party back in power after 14 ...

Exit can be seen as quitting, especially if the exit discussed is your business interests. But actually, business exit planning ...

Our new government, and in particular, Rachel Reeves, the new Chancellor, will be responsible for raising the funds that our ...