Blog
Splitting a company - Tax efficiently
Read this article to find out the ways that a company can be split.
Incidental overnight expenses – A little known tax break
Read this article to find out about tax breaks on incidental overnight expenses
Work clothes – Can they be claimed against tax?
Read this article to find out whether work clothes can be claimed against tax. So, what are the tax rules?
Voluntary disclosure
Read this article to find out what happens if you have to tell HMRC of any undisclosed income.
Tax implications of termination payments
Read this article to find out whether all termination payments are non-taxable
Beware the new VAT late submission penalties
From 1 January 2023, VAT-registered traders will receive a penalty point if they file their VAT return late. Read this article to find out how the system works and how many penalty points are needed to trigger a financial penalty.
Letting the FHL for longer periods during the off-season
To qualify as a furnished holiday let (FHL), three occupancy conditions must be met. Read this article to find out how letting the property on a long let during the off-season may jeopardise its FHL status.
The implications of late VAT registration
Read this article to find out what happens if a business registers for VAT late.
Take advantage of permitted absences for main residence relief
Certain periods of absence from your main home do not result in the loss of main residence relief. Read this article to find out when a period of absence counts as a qualifying absence.
Tax and influencers
Influencers and content creators may need to declare and pay tax on sponsorship and gifts received from brands. Read this article to find out more.
Hybrid workers and relief for travel expenses
Read this article to find out how the rules governing travel expenses apply to employees with hybrid working arrangements.
Mobile phones – a worthwhile benefit
Read this article to find out how to take advantage of the tax exemption for employer-provided mobile phones.
What to do if you receive one of HMRC's 'nudge’ letters
Read this article to find out what to do if you have received a 'nudge’ letter from HMRC.
Associated companies and impending corporation tax rate changes – what are the tax implications?
Read this article to find out the financial impact on your company should your company be ‘associated’ with another. #taximplications #associatedcompanies
Marriage allowance – A possible tax break for married couples or civil partnerships
Read this article to find out whether you can claim the tax break for married couple or civil partnerships.
Working for an umbrella company – Be aware of the risks
Read this article to understand off-payroll working (IR35) and its implications.
Have you used your 2023/24 dividend allowance?
All taxpayers are entitled to a dividend allowance and can enjoy dividend income up to the level of the allowance tax-free. Read this article to discover whether you should declare a dividend before the end of the tax year to prevent your dividend allowance from being wasted.
NIC payable by the self-employed from April 2024
From 6 April 2024, Class 2 National Insurance contributions are abolished and the main rate of Class 4 contributions is reduced. Read this article to find out what the changes mean for you if you are self-employed.
HMRC's use of artificial intelligence – How AI is assessing the risk of tax evasion by businesses
Read this article to find out about HMRC’s IT strategy and AI.
Capital gains tax year-end planning
The capital gains tax annual exempt amount is set at £6,000 for 2023/24, reducing to £3,000 for 2024/25. Read this article to help you decide if you should make chargeable disposals before 6 April 2024.