Latest news and updates
Business Asset Rollover Relief allows you to defer Capital Gains Tax (CGT) when reinvesting proceeds from selling business assets. By rolling gains...
23/01/2025
Unpaid debts can put a limited company at risk of a winding-up petition, potentially leading to liquidation. Creditors may act via court judgments or...
Businesses can reclaim VAT on pre-registration expenses if they relate to taxable supplies made after VAT registration. The rules differ for goods and...
The 2023 Revaluation updates business property rateable values, based on April 2021 valuations. While challenges are open until March 2026, beware of...
Owning more than one property? You can claim Capital Gains Tax (CGT) relief on just one at a time. By formally electing your main residence within two...
Gift Aid transforms charitable donations by allowing charities and CASCs to claim 25p extra for every £1 given—at no additional cost to you....
Navigating financial challenges can be daunting, but understanding the tools available can make a significant difference. One such tool is a Debt...
20/01/2025
Making a significant investment in new equipment can be a transformative step for a business, improving efficiency, productivity, and competitiveness....
HMRC reports over 63,000 taxpayers filed their returns over the New Year, but 5.4 million still need to act before the looming 31 January 2025...
16/01/2025
Selling online? Whether it’s a hobby or a business, you may need to pay tax if your earnings exceed £1,000. From services to content creation, it’s...
A significant amount of online information about companies is available to the public on the Companies House website. The information available...
Beneficial loans, where employees benefit from cheap or interest-free loans from their employer, can trigger tax implications. However, certain...