Latest news and updates
The government has announced a package of measures intended to help motorists and businesses manage rising fuel costs following disruption linked to...
28/05/2026
Many businesses take out “key person” insurance policies to protect against the financial impact of losing an important employee, director...
Employers looking to provide staff with small gifts or seasonal tokens of appreciation should remember the rules for tax-free trivial benefits. A...
Most lifetime gifts are treated as potentially exempt transfers (PETs) for Inheritance Tax (IHT) purposes. In general, these gifts become fully exempt...
Self-assessment taxpayers are usually required to make payments on account to pay their Income Tax liabilities. These are paid in two instalments, the...
The option to tax is a VAT election that allows businesses to treat supplies of most non-residential land and buildings as taxable rather than VAT...
The Government has introduced a landmark new Bill aimed at tackling the growing problem of late payments to small businesses, with ministers...
25/05/2026
The Government has announced a new package of measures designed to help households manage rising living costs during the summer months, as concerns...
Making Tax Digital (MTD) for Income Tax is now in force for many self-employed individuals and landlords. Since 6 April 2026, taxpayers with...
21/05/2026
The freezing of tax thresholds can result in a phenomenon commonly referred to as 'fiscal drag'. This occurs when tax allowances and rate bands remain...
Identity verification requirements at Companies House became a legal requirement for directors and people with significant control (PSCs) from 18...
Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company, or an individual’s interest in a trading...
