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Latest news and updates

Spring Budget 2024 - CGT on disposals of residential property

07 March 2024

A higher rate of Capital Gains Tax (CGT) applies to gains on the disposal of residential property if the

Spring Budget 2024 – non-dom changes

07 March 2024

In a move that may partly have been prompted by seeking to mirror a longstanding policy of the Labour

Spring Budget 2024 - Fuel Duty rates

07 March 2024

In the Spring Budget, the Chancellor extended the fuel duty cut for a further 12 months to help support

Budget summary 6 March 2024

06 March 2024

As expected, the Chancellor has found wriggle room in his fiscal rules that have allowed him to please

Pension fund reforms

04 March 2024

The Chancellor announced pension fund reforms as a further step in the government’s plan to boost British

Companies House rolls-out new powers

04 March 2024

The first measures under the Economic Crime and Corporate Transparency Act 2023 (ECCT Act) came into

Update on the tax status of Double Cab Pick Ups

29 February 2024

HMRC have reversed a previous decision (originally published 12 February 2024) on the tax status of

Companies House filing fees increase

29 February 2024

Companies House has announced that some of their fees will be changing from 1 May 2024. The last change

Contractors and CIS

29 February 2024

The Construction Industry Scheme (CIS) is a set of special rules for tax and National Insurance for those

Advise HMRC if company is dormant

29 February 2024

If a company has stopped trading and has no other income, then the company is usually classed as dormant

Appeals against tax penalties

29 February 2024

It is not unusual for taxpayers to find themselves in a position where they disagree with a tax decision

Holiday Lets averaging election

29 February 2024

The furnished holiday let (FHL) rules allow holiday lettings of properties that meet certain conditions

Crack down on ‘fire and rehire’ practices

28 February 2024

The Government has announced action to tackle the use of controversial 'fire and rehire' practices. In a

A new champion for small businesses appointed

28 February 2024

An experienced entrepreneur has taken up a key role to promote the needs of small businesses to

Beware fake tax rebate offers

22 February 2024

HMRC continues to warn of the ever-present problem of fraudulent phishing emails, suspicious phone calls

Cost of living final payment 2023-24

22 February 2024

The Cost of Living support package has been designed to help over 8 million households in receipt of

Are you self-employed?

22 February 2024

Self-employed taxpayers should notify HMRC as soon as practicable when they begin working for themselves.

Types of limited companies

22 February 2024

A limited company is a company ‘limited by shares’ or ‘limited by guarantee’. Limited by shares This is

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