Changes to the calculation of Income Tax
A number of changes to the taxation of dividends, property income and savings income were...
Increase in company late filing penalties
After the end of its financial year, a private limited company must prepare full annual...
Accelerate Return on Investment
The speed with which a business can achieve a return on investment is often just...
Reducing energy consumption
Reducing energy intensity is one of the most practical ways for small businesses to protect...
Loans to Participators
There are special rules to prevent close companies, generally companies controlled by a small group...
What Is a person with significant control?
A person with significant control (PSC) is someone who owns or exercises significant influence over...
Meaning of “bona vacantia”
Bona vacantia is Latin term meaning “ownerless goods”. The bodies that deal with bona vacantia...
Reclaiming VAT on a self-build home project
Reclaiming VAT on a self-build home project can significantly reduce the overall cost of building...
Claiming a tax refund from HMRC
If you have paid too much tax to HMRC, you may be able to claim...
Changes to reporting of BiKs
Mandatory payrolling of benefits in kind (BiKs) and taxable employment expenses will be introduced from...
Spring Statement 2026
The Chancellor’s Spring Statement, presented to Parliament 3 March 2026, was packed with political content...
Why disregarding the minimum wage constitutes modern slavery
The National Minimum Wage (NMW) Act 1998 remains contentious, especially after the introduction of the...
Renewed conflict in the Middle East
Renewed conflict in the Middle East is already having knock on effects for the global...
AI and the future of work: why healthcare remains resilient
As artificial intelligence becomes embedded in everyday business activity, many clients are asking how it...
Meaning of trade for tax purposes
The meaning of trade for tax purposes, often referred to as HMRC’s “badges of trade”...
Which supplies are zero rated for VAT?
Understanding which supplies are zero rated for VAT is essential for any business. A zero-rated...
Tax effects of letting out part of your home
If you have tenants living in your property, it is important to understand the Capital...
When not to charge VAT
When issuing invoices, it is important to apply the correct VAT treatment. In some cases...
Filling in NIC contribution gaps
National Insurance credits can help qualifying applicants to fill contribution gaps in their National Insurance...
How to claim child benefits
An application to claim child benefits can usually be made 48 hours after you have...
Creative businesses to benefit from government finance package
The government has announced a new package of measures designed to improve access to finance...
Why inflation matters when funding pension funds
When planning pension funding, inflation is often acknowledged but not always fully reflected in contribution...
Workplace pensions
Automatic enrolment for workplace pensions has helped many employees to start making provision for their...
Simplified expenses on motor vehicles
There are simplified expenses arrangements available for sole traders and business partnerships (with no corporate...
