Insights

HMRC has amended its guidance on the tax payable for electric charging of company cars and vans at residential properties. Previously, if…

Business Asset Disposal Relief (BADR) offers reasonable tax relief for business owners and shareholders but there are strict qualifying criteria that must…

Do your eyes glaze over when you get HMRC’s letter in the post informing you what your tax code is? And can…

It is common knowledge that if you use a privately owned car for business purposes, you are entitled to claim tax relief…

Any taxpayers that only receive their income through PAYE and who are earning between £100,000 and £150,000 will no longer be legally…

HMRC has been using nudge letters to prod taxpayers who they believe could have either underpaid tax or made a mistake on…

Making a mistake on your tax return can create significant problems if it’s not addressed properly. In the eyes of HMRC, every…

Corporation tax was increased to 25% on 1 April 2023 and this change, together with previous changes to the way dividends are…

Changes to the taxation of buy-to-let property, such as the reduction in mortgage interest relief and the increase in stamp duty, have…

As the new tax year gets underway, you might be considering how you could be more proactive in taking advantage of different…

There are plenty of tax changes on the horizon which will impact SME owners and that are due to come into operation…

In the 2023 spring budget Jeremy Hunt announced plans to introduce tougher penalties for people found guilty of tax fraud. This would…

The picture the Chancellor was trying to paint was one of optimism rather than doom and gloom. He shared figures that suggest…

HM Revenue & Customs have started two new campaigns to target taxpayers suspected of not paying enough tax. This time, property owners…

Jeremy Hunt is due to deliver his Spring Budget on 15 March 2023 and there has been a lot of speculation about…