Benefits of the VAT Cash Accounting Scheme
Waiting to be paid but still having to hand over VAT? The VAT Cash Accounting...
What is the High Income Child Benefit Charge?
If your income exceeds £60,000 and you or your partner receive Child Benefit, you can...
The Marriage Allowance if circumstances change
Married couples and civil partners could save up to £252 a year by transferring part...
Understanding the tax implications of divorce
When a couple is separating or undergoing divorce proceedings, tax issues are often not the...
Inheritance Tax and CGT relief for national heritage assets
Certain buildings, land, works of art, and other objects of national significance may be exempt...
Check if you can cash in a Child Trust Fund
HMRC has issued a press release urging 18-23 year olds who have yet to claim...
Tax Diary November/December 2025
1 November 2025 - Due date for Corporation Tax due for the year ended 31...
Risks of engaging employees as sham contractors
Recently, a clear legal precedent confirmed that the nature of an individual's work is determined...
Profitability through better management information
Many business owners make decisions based on instinct, but intuition alone can be unreliable. Having...
Building financial resilience in uncertain times
Every business faces unexpected challenges. Rising costs, supply delays, late payments and sudden changes in...
State benefits taxable and non-taxable
Many people rely on state benefits, but it is not always obvious which payments are...
Check your State Pension forecast
Your State Pension forecast shows how much you could receive, when you can claim it...
Register an offshore property developer for Corporation Tax
Non-UK resident companies that buy, develop, or sell UK land must register for Corporation Tax...
The Enterprise Investment Scheme tax benefits
The Enterprise Investment Scheme (EIS) is designed to help smaller, higher-risk trading companies raise finance...
The present limits for Business Assets Disposal Relief
Business Asset Disposal Relief (BADR) still offers a valuable tax break, but the CGT rate...
Heads up for company directors
As of April 2025, directors of close companies and self-employed taxpayers face new mandatory reporting...
Five goals every small business owner should set
Running a small business can feel like juggling endless priorities, but taking time to set...
Bank deposit protection limits set to rise
The UK’s financial regulator has proposed an increase to the level of savings protection available...
VAT – Entertainment provided to directors and partners of a business
When considering VAT on entertainment provided solely to directors or partners of a business it...
Exception from VAT registration
Businesses over £90,000 turnover must register for VAT, but HMRC may grant exceptions if the...
Are casual payments taxable?
Not all casual payments are tax-free; HMRC’s miscellaneous income rules may apply depending on the...
Two important 2025 self-assessment deadlines
Paper tax returns are due 31 October 2025, and new registrants must notify HMRC by...
Tax-free income from letting a room in your home
Homeowners can earn up to £7,500 tax-free under the rent-a-room scheme, with simple reporting and...
Sharing income from jointly held property
The standard tax treatment for couples living together, whether married or in a civil partnership...
