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There are special rules to prevent close companies, generally companies controlled by a small group of individuals, from allowing directors ...

A person with significant control (PSC) is someone who owns or exercises significant influence over a company. They can also ...

Bona vacantia is Latin term meaning “ownerless goods”. The bodies that deal with bona vacantia claims vary across the United ...

Reclaiming VAT on a self-build home project can significantly reduce the overall cost of building or converting your property. The ...

If you have paid too much tax to HMRC, you may be able to claim a tax refund. Overpayments can ...

Mandatory payrolling of benefits in kind (BiKs) and taxable employment expenses will be introduced from 6 April 2027. This represents ...

The Chancellor’s Spring Statement, presented to Parliament 3 March 2026, was packed with political content that has no real impact ...

The National Minimum Wage (NMW) Act 1998 remains contentious, especially after the introduction of the NMW (Amendment) Regulations 2025, as ...

Renewed conflict in the Middle East is already having knock on effects for the global economy, and UK business owners ...

As artificial intelligence becomes embedded in everyday business activity, many clients are asking how it might affect their industry and ...

The meaning of trade for tax purposes, often referred to as HMRC’s “badges of trade” test helps determine whether an ...

Understanding which supplies are zero rated for VAT is essential for any business. A zero-rated supply is still a taxable ...

If you have tenants living in your property, it is important to understand the Capital Gains Tax (CGT) implications. In ...

When issuing invoices, it is important to apply the correct VAT treatment. In some cases, that means not charging VAT ...

National Insurance credits can help qualifying applicants to fill contribution gaps in their National Insurance record. This can help taxpayers ...

An application to claim child benefits can usually be made 48 hours after you have registered the birth of your ...

The government has announced a new package of measures designed to improve access to finance for creative businesses across the ...

When planning pension funding, inflation is often acknowledged but not always fully reflected in contribution decisions. Using an average inflation ...

Automatic enrolment for workplace pensions has helped many employees to start making provision for their retirement with employers and government ...

There are simplified expenses arrangements available for sole traders and business partnerships (with no corporate partner) that allow the use ...

The Annual Investment Allowance (AIA) is a generous tax relief that allows for the total amount of qualifying expenditure on ...

There are several reasons why you might need to file a self-assessment tax return. This could apply if you are ...

If you have not yet checked whether you need to use Making Tax Digital (MTD) for Income Tax, you should ...

If you believe that you have overpaid tax to HMRC, you may be entitled to claim a tax refund. Overpayments ...