Corporation tax increase from April 2023

Associated Companies for Corporation Tax – New Rules from April 2023

Published on 25/02/2023

Associated Companies for Corporation Tax rules have been newly reintroduced and they will apply from 1 April 2023. Click through to learn more!

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Second-hand Motor Vehicle Payment Scheme - How Does it Work?

Second-hand Motor Vehicle Payment Scheme – How Does it Work?

Published on 18/02/2023

Learn how to claim a VAT-related payment if you buy second-hand motor vehicles in Great Britain and move them to Northern Ireland for resale.

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Illegal

Undeclared Offshore Income – Criminal Offence

Published on 11/02/2023

There are 3 criminal offences relating to offshore income, assets and activities. Click through to learn more.

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How to Sign Up to MTD ITSA | Making Tax Digital for ITSA

New Tax Year Basis from 6 April 2024

Published on 04/02/2023

Understand the new tax year basis for sole traders & partnerships from April 6, 2024. Learn about changes in HMRC profit assessment and tax returns.

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How to Reclaim Capital Gains Tax?

How to Reclaim Capital Gains Tax?

Published on 28/01/2023

Reclaim Capital Gains Tax on UK property sales. Avoid overpaying by submitting returns within 60 days. Tips for accurate tax preparation.

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Letter From HMRC About Undeclared Income

Letter From HMRC About Undeclared Income

Published on 21/01/2023

A letter from HMRC about Undeclared Income has been sent recently to online sellers, influencers & content creators. Click through to learn more.

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Late Payment Interest on VAT from 1 Jan 2023 - What is Changing?

Late Payment Interest on VAT from 1 Jan 2023 – What is Changing?

Published on 14/01/2023

Late payment interest on VAT payments made after the payment due date will be charged by HMRC from 1 Jan 2023. Click through to learn more!

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Penalty

New VAT Penalties from 1 January 2023 – What Are the Changes?

Published on 07/01/2023

New VAT penalties from 1 Jan 2023 will be applicable to VAT Returns for an accounting period starting on or after 1 January. Click through to learn more.

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Corporation Tax

How to Calculate Marginal Relief for Corporation Tax

Published on 24/12/2022

Marginal Relief provides a gradual increase in the Corporation Tax rate between the small profits rate and the main rate. Click through to learn more.

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Using a Pension Pot to Avoid Inheritance Tax

Using a Pension Pot to Avoid Inheritance Tax

Published on 17/12/2022

Using a pension pot to avoid Inheritance Tax is a very popular tax planning strategy allowing people to pass on their wealth to their loved ones

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