New Dividend Tax Rates from April 2023 – Dividend allowance cut in half. The proposed 1.25% reduction on the dividend tax rates was also cancelled!

Have you received an HMRC letter for undisclosed rental income? If yes, please get in touch with us to discuss your options and how we can help you.

Autumn Statement 2022 is set to confirm significant tax rises and public spending cuts as the government is trying to recover from its disastrous Mini-Budget that was announced in Sep 2022.

New reporting requirements for Landlords from April 2024 have been confirmed by HMRC which will affect anyone earning more than £10,000 from property rental.

For VAT periods starting on or after 1 Jan 2023, the default surcharge will be replaced by new penalties if you submit VAT returns late or pay VAT late.

HMRC launched a new VAT Error Correction Notice online form on 8 August 2022. Find out how to use the form to tell HMRC of any errors in your VAT return.

Option to tax land and buildings is a mandatory prerequisite if you would like to recover the VAT charged by the seller on the purchase of a commercial property. Click through to learn more.

VAT Cash Accounting Scheme is very popular with small businesses due to the cashflow benefits it offers. Click through to learn how it works!

Chancellor Kwasi Kwarteng has announced the biggest tax cuts for individuals and businesses in 50 years, including a permanent stamp duty cut!

Leasing an electric car through a Limited Company has become very popular due to the generous tax cut in the form of a 2% Benefit in Kind (BIK) rate on fully electric vehicles.

Let Property Campaign is a long-running disclosure opportunity aimed at residential property landlords who need to bring their tax affairs up to date.

With the Making Tax Digital for Income Tax sign-up deadline fast approaching, we often get asked by clients how to meet the MTD ITSA requirements.