Latest news and updates
When issuing invoices, it is important to apply the correct VAT treatment. In some cases, that means not charging VAT at all. Although most UK...
26/02/2026
If you have tenants living in your property, it is important to understand the Capital Gains Tax (CGT) implications. In most cases, there is no CGT to...
Understanding which supplies are zero rated for VAT is essential for any business. A zero-rated supply is still a taxable supply, but it is charged at...
The meaning of trade for tax purposes, often referred to as HMRC’s “badges of trade” test helps determine whether an activity is a genuine...
When planning pension funding, inflation is often acknowledged but not always fully reflected in contribution decisions. Using an average inflation...
23/02/2026
The government has announced a new package of measures designed to improve access to finance for creative businesses across the UK. The initiative...
If you believe that you have overpaid tax to HMRC, you may be entitled to claim a tax refund. Overpayments can occur for a variety of reasons,...
19/02/2026
If you have not yet checked whether you need to use Making Tax Digital (MTD) for Income Tax, you should do so urgently. HMRC has issued a timely...
There are several reasons why you might need to file a self-assessment tax return. This could apply if you are self-employed, a company director, have...
The Annual Investment Allowance (AIA) is a generous tax relief that allows for the total amount of qualifying expenditure on plant and machinery to be...
There are simplified expenses arrangements available for sole traders and business partnerships (with no corporate partner) that allow the use of...
Automatic enrolment for workplace pensions has helped many employees to start making provision for their retirement with employers and government also...
