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Latest news and updates

Current passport fees

13 May 2021

Travel options for going abroad are slowly starting to reopen. From 17 May 2021, international leisure

Jobseeker’s Allowance

13 May 2021

The Jobseeker’s Allowance (JSA) is a benefit for those usually aged over 18 who are either not working or

Taking money out of a limited company

13 May 2021

There are a number of ways a director can extract money from their limited company. The money can

IHT immediately chargeable transfers

13 May 2021

There are special rules concerning the liability to IHT on a transfer made during a person's lifetime.

Charging VAT on discounts and free gifts

13 May 2021

When VAT registered traders issue an invoice to a customer, they must seek to ensure that the correct

Importing goods into the UK

13 May 2021

There are special procedures for importing goods into the UK. Following the end of the Brexit transition

Holiday update

11 May 2021

As lockdown is being eased and opportunity to holiday opens, we felt it might be useful to set out bank

Taxing your car

11 May 2021

The instructions to tax your car on the GOV.UK website is reproduced below: To tax your car, motorcycle

Reminder to look out for tax credit renewal packs

06 May 2021

HMRC has begun sending the annual tax credit renewal packs to some 2.5 million tax credit claimants and

Mobile phone exempt costs

06 May 2021

When an employer incurs costs for the provision of mobile phones to employees it is important to

COVID support grants that are taxable

06 May 2021

We would like to remind readers that existing legislation is in place to ensure that COVID support grants

CIS – types of work and businesses affected

06 May 2021

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

Impact of residence and domicile

06 May 2021

HMRC’s online guidance note for residence, domicile and the remittance basis: RDR1 is intended for UK

Cryptoassets for individuals - taxes that apply

06 May 2021

In most cases, individuals hold cryptoassets (such as Bitcoin) as a personal investment, usually for

Debt respite scheme launched

05 May 2021

A new scheme, aptly named Breathing Space, was launched 4 May 2021. Breathing Space will give those

New self-build initiative

29 April 2021

In a surprise weekend announcement, the Housing Secretary Robert Jenrick has revealed new plans for £150

Tax on savings interest

29 April 2021

If you have taxable income of less than £17,570 in 2021-22 you will have no tax to pay on interest

Tax-free capital gains

29 April 2021

As with Income Tax personal allowances, taxpayers have an annual exempt amount for Capital Gains Tax

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