Latest news and updates
Where a taxpayer owns a business as a sole trader or in partnership, a capital gain will be deemed to arise if the business is converted into a...
04/07/2024
The letters in your tax code signify your entitlement (or not) to the annual tax free personal allowance. The tax codes are updated annually and help...
The Scottish rate of income tax (SRIT) is payable on the non-savings and non-dividend income of those defined as Scottish taxpayers. The definition...
There is no specific requirement for employers to provide employees with transport home. Nevertheless, an employer has a duty of care to their...
Full expensing allows for a 100% first-year capital allowance for qualifying plant and machinery assets and came into effect last April. To qualify...
If you have been in the same job for two years or more and are made redundant you will usually be entitled to redundancy money. The legal minimum that...
If you receive documents from overseas customers or suppliers and you need to translate text into English, have you used Google Translate? It’s a...
01/07/2024
It is pretty much universally accepted that shareholders (usually directors) of small companies take out their remuneration as a small salary - a...
1 August 2024 - Due date for corporation tax due for the year ended 31 October 2023. 19 August 2024 - PAYE and NIC deductions due for month ended 5...
The marriage allowance can be claimed by married couples and those in a civil partnership and where a spouse or civil partner does not pay tax or does...
27/06/2024
The enhanced Check Your State Pension forecast service is now available online. The service can be found on GOV.UK at the following webpage...
If you have lost or forgotten your National Insurance number there are a number of ways to locate it. Firstly, you could try and locate the number on...
