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Boosting recycling through the tax system
The government has announced that it has received record-breaking support from members of the public to counter the blight of plastic…
August 2017 Q & A
Q. My wife has a part time job but doesn't earn enough to pay tax. Can she get tax relief on contributions made to a pension scheme?…
January 2016 Q&A
Q. What is our IHT position following a change of ownership? In 2014, my partner and I changed the ownership status of our house…
Cancelling VAT or VAT/MOSS Registration
If you registered for UK VAT in order to operate VAT-MOSS for your overseas sales of digital services to non-business customers,…
Do you have what it takes?
Note that this is a shortened version of a detailed guide I have put together. The full guide goes into details about the thinking…
Capital Gains Tax liabilities
Capital Gains Tax (CGT) is defined by the Government as: "Capital Gains Tax is a tax on the profit when you sell (or ‘dispose…
Stamp Duty Land Tax (SDLT) on additional properties
Proposals to bring in higher rates of stamp duty land tax (SDLT) on purchases of additional residential properties are expected…
VAT Benchmarking
HMRC are currently writing to around 7,500 furniture retailers and car repair businesses asking the owners to check the figures…
SDLT on second homes
Stamp Duty Land Tax (SDLT) is payable on the purchase of residential property in increasing portions of the property price above…
Business Tips: Setting KPIs and measuring performance
Once you begin trading, you’re faced with a new challenge – successfully managing the course of your brand-new business and…
Dividend Allowance
Legislation included in Finance Bill 2016 implements the new 0% rate for dividend income, as well as changing the rates of tax for…
When is a car a van?
There are advantages for tax purposes if the vehicle you buy for your business is considered to be a van as opposed to a car. If…
How to safeguard your team’s mental health
The coronavirus pandemic has forced a significant amount of change and upheaval onto you and your team – in a very short amount…
8K – Financial Performance
Today is the first day of our series on the 8 Key Drivers of Business Value Whether you’re growing your business for yourself,…
Tax-free home rentals
Since April 2016, the amount of tax-free income you can earn from letting a room in your home has increased to £7,500 per annum,…