Latest news and updates
The Check Employment Status for Tax (CEST) tool can be used to help ascertain if a worker should be classified as employed or self-employed for tax...
27/06/2024
The online service for checking a UK VAT number is available at: www.gov.uk/check-uk-vat-number. This service can be used to check: if a UK VAT...
There are special rules under the Tenancy Deposit Scheme that limits the amount of deposit that landlords in England can request. There are also...
A group is formed when one company has control of, owns, a number of subsidiary companies. A group is different to an arrangement where an...
25/06/2024
There are special rules that determine the recoverability of VAT incurred before a business registered for VAT. This type of VAT is known as...
20/06/2024
Tax relief may be available for post-cessation expenses of a trade. To be an allowable post-cessation expense the trade must have ceased and the...
If you are self-employed it is important to know if an expense is tax allowable. Any allowable costs can be used to reduce your taxable profit. As a...
There are a number of government approved share schemes which offer various incentives to employees. The rules of the schemes vary but they are all...
The definition of a connected person for tax purposes varies. A statutory definition of “connected persons” for Capital Gains Tax...
If you earn over £100,000 in any tax year your personal allowance is gradually reduced by £1 for every £2 of adjusted net income over £100,000...
More than a million parents will receive reminders to extend Child Benefit for their teenagers if they are continuing their education or training...
17/06/2024
Business owners often refer to VAT as if it were a cost to their business regardless of their VAT position; whether they are registered for VAT or...