Landlords Using Hybrid Partnerships – HMRC’s View

Published on 07/10/2023

People who use these arrangements may have to pay more than the tax they tried to avoid as well as paying interest, penalties and high fees. Learn more!

HMRC Compliance Checks on Businesses Registered for Money Laundering Supervision

Published on 30/09/2023

HMRC compliance checks on businesses registered for money laundering supervision are carried out to ensure that you’re complying with the regulations.

How to Obtain Overlap Relief Figure from HMRC?

Published on 16/09/2023

Overlap Relief can be used in the 2023 to 2024 tax year if your accounting…

HMRC Has Reopened Self-assessment Helpline

Published on 09/09/2023

The three-month closure of the HMRC self-assessment helpline underlines the resourcing problems at HMRC and it was a ‘massive inconvenience’ for taxpayers.

ULEZ Fees: Tax-deductible Expense for Sole Traders

Published on 02/09/2023

ULEZ fees are a tax-deductible expense for sole traders and self-employed taxpayers when they submit annual tax returns for business-related journeys.

Non-resident Landlords Scheme (NRLS) – How to Apply?

Published on 26/08/2023

Non-resident Landlords Scheme allows non-resident landlords to apply to HMRC for approval to receive rental income with no tax deducted.

VAT on Payments Made on Behalf of Customers – Disbursement vs Recharges

Published on 19/08/2023

VAT 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.

How to Request a Certificate of Residence from HMRC?

Published on 12/08/2023

How 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!

How to Claim the Residence Nil Rate Band for Inheritance Tax?

Published on 05/08/2023

The 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.

When Should You Use the VAT Domestic Reverse Charge

Published on 29/07/2023

Discover when to use the VAT Domestic Reverse Charge, applicable to most supplies of building and construction services.

Tax