Tax
How to Obtain Overlap Relief Figure from HMRC?
Published on 16/09/2023Overlap Relief can be used in the 2023 to 2024 tax year if your accounting…
Read MoreHMRC Has Reopened Self-assessment Helpline
Published on 09/09/2023The three-month closure of the HMRC self-assessment helpline underlines the resourcing problems at HMRC and it was a ‘massive inconvenience’ for taxpayers.
Read MoreULEZ Fees: Tax-deductible Expense for Sole Traders
Published on 02/09/2023ULEZ fees are a tax-deductible expense for sole traders and self-employed taxpayers when they submit annual tax returns for business-related journeys.
Read MoreNon-resident Landlords Scheme (NRLS) – How to Apply?
Published on 26/08/2023Non-resident Landlords Scheme allows non-resident landlords to apply to HMRC for approval to receive rental income with no tax deducted.
Read MoreVAT on Payments Made on Behalf of Customers – Disbursement vs Recharges
Published on 19/08/2023VAT on payments made on behalf of customers has to be ascertained based on whether it’s a disbursement or a recharge of costs to the client. Click to learn more.
Read MoreHow to Request a Certificate of Residence from HMRC?
Published on 12/08/2023How to request a Certificate of Residence from HMRC has been one of the most frequently asked questions by clients these days. Click to learn more!
Read MoreHow to Claim the Residence Nil Rate Band for Inheritance Tax?
Published on 05/08/2023The Residence Nil Rate Band (RNRB) is used to reduce the inheritance tax if the value of the estate is worth more than the basic inheritance tax threshold.
Read MoreWhen Should You Use the VAT Domestic Reverse Charge
Published on 29/07/2023Discover when to use the VAT Domestic Reverse Charge, applicable to most supplies of building and construction services.
Read MoreVoluntary National Insurance Contributions – Deadline Extended to April 2025
Published on 22/07/2023Voluntary National Insurance contributions payment deadline has been extended to April 2025. Find out additional details!
Read MoreIHT Planning – Don’t Get Caught Out by Gifts with Reservation!
Published on 15/07/2023Gifts with Reservation (GWR) legislation was introduced in 1986 to avoid individuals making gifts with strings attached. Click through to learn more.
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