Tax on Giving Money to Children and Grandchildren Explained

Published on 10/12/2022

Tax on giving money to children is a frequently asked question by our clients who…

10 Effective Ways to Claim Tax Relief for Small Businesses

EIS Scheme & CGT Reliefs – How Does it Work?

Published on 03/12/2022

EIS Scheme & CGT reliefs are frequently asked questions by Investors who want to understand the capital gains aspects of the Enterprise Investment Scheme (EIS).

New Dividend Tax Rates from April 2023 – Dividend Allowance Cut in Half!

Published on 26/11/2022

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!

HMRC Letter for Undisclosed Rental Income – What Should You Do?

Published on 19/11/2022

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 - Which Taxes Will Increase?

Autumn Statement 2022 – Which taxes have increased?

Published on 12/11/2022

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 Under MTD ITSA

Published on 05/11/2022

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.

New VAT Penalties and Interest Charges from 1 January 2023

New VAT Penalties & Interest Charges from 1 January 2023

Published on 29/10/2022

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.

New VAT Error Correction Notice Online Form (VAT652)

Published on 22/10/2022

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 – How Can I Recover VAT on Purchase of Commercial Property?

Published on 15/10/2022

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.

How Does VAT Cash Accounting Scheme Work?

Published on 08/10/2022

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

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