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Latest news and updates

Retaining tax return records

25 August 2022

There are no set rules for the way in which you keep your tax records, but they are usually evidenced on

Incorporation relief

25 August 2022

Where a taxpayer owns a business as a sole trader or in partnership, a capital gain will be deemed to

IHT Business Relief

25 August 2022

There are a number of reliefs available that can reduce liability to Inheritance Tax (IHT) when you

CGT Rollover Relief

25 August 2022

Business Asset Rollover Relief, usually referred to as ‘rollover relief’, is a valuable relief that

Claiming Employment Allowance

24 August 2022

The Employment Allowance reduces an employer's NIC liability. The current allowance is £5,000. An

Overseas seller VAT check

18 August 2022

Since 2018, online marketplaces (such as eBay or Amazon) have been required to help tackle online VAT

VAT Flat Rate Scheme

18 August 2022

The VAT Flat Rate Scheme (FRS) has been designed to simplify the way a business accounts for VAT and in

Contacting HMRC by email

18 August 2022

HMRC has published a new guidance titled ‘Corresponding with HMRC by email’. The guidance was published

Employee ownership and involvement

18 August 2022

There are many ways that employees can own a stake in their employer's company. However, employee

Definitions of connected persons

18 August 2022

The definition of a connected person for tax purposes can be complex and varies depending on the


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