Latest news and updates
Businesses planning major infrastructure and development projects should be aware of a new government consultation on the tax treatment of...
03/09/2026
The tax rules concerning what constitutes a distribution for tax purposes have remained largely unchanged since Corporation Tax was introduced in...
A strong VAT control system should clearly identify who is responsible for VAT, document the processes involved and regularly check that controls are...
Where an employee is promised a discretionary bonus as an incentive, an employer may be held liable for the full figure if the preconditions have been...
02/09/2026
The latest figures from the Office for National Statistics suggest that conditions remain challenging for many UK businesses. In July 2026, 15% of...
01/09/2026
An important change is coming to the way companies file their annual accounts. From 1 April 2028, all UK-registered companies will be required to...
Businesses that register for VAT may be able to reclaim VAT paid on certain goods and services purchased before VAT registration. There are specific...
27/08/2026
Missing a tax deadline can result in penalties from HMRC, but a taxpayer may be able to appeal if they have a genuine reasonable excuse. Whether an...
Employers providing uniforms or protective clothing to employees need to understand the tax and National Insurance rules that apply. The treatment...
Businesses investing in qualifying assets may be able to claim the Annual Investment Allowance (AIA) and deduct the full cost of eligible purchases...
Businesses should regularly review whether individuals working for them are correctly classified as employees, workers or self-employed. Getting...
Self-employed individuals can deduct allowable business expenses from their income when calculating taxable profits. However, businesses must keep...
