Worldwide Disclosure Facility (WDF): How to Settle Undisclosed Offshore Income, Gains or Assets

Published on 14/11/2020

Learn how to use the Worldwide Disclosure Facility (WDF) to disclose a UK tax liability that relates wholly or in part to an offshore issue.

What Will Happen to UK Customs Duty After Brexit?

Published on 07/11/2020

From 1 January 2021 goods arriving into the UK from the EU will be imports and goods sent from the UK to the EU will be exports in VAT terms.

How Will JSS Open and JSS Closed Work | Job Support Scheme

Published on 31/10/2020

JSS Open & JSS Closed (1st November 2020): Eligibility criteria, conditions and timescales for making claims under the Job Support Scheme.

Tax on Rental Income: How to Report your Taxable Profits

Published on 24/10/2020

If you rent out a property, you’ll need to pay tax on any profit you make. Learn how to work out your taxable rental profit and how to report it to HMRC.

Airbnb Share Letting Data with HMRC

Published on 17/10/2020

Landlords should realise that HMRC will know about their lettings through Airbnb, so full disclosure of all their taxable property income is essential.

Check If You Can Claim the Job Retention Bonus from 15 February 2021

Published on 10/10/2020

Find out if you’re eligible to claim the Job Retention Bonus and what you need to do to claim it between 15 February 2021 and 31 March 2021.

10 Effective Ways to Claim Tax Relief for Small Businesses

Published on 03/10/2020

From business rates to VAT relief, we’ve pulled together 10 tax reliefs small businesses can claim to help you work out if you can reduce your tax bill.

Chancellor Unveils New Job Support Scheme & Extends Self-employed Grant

Published on 24/09/2020

Chancellor unveils new Job Support Scheme which will contribute to some employees’ wages and a limited extension of the Self-Employment Income Support Scheme.

Making Tax Digital – A Guide for Small Businesses & the Self-employed

Published on 19/09/2020

Making Tax Digital is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right. Here’s what you need to know.

SDLT Holiday: Benefits for Buy-to-let Tenants in Common

Published on 12/09/2020

The property market in England and Northern Ireland has now had a month to get…

Tax