Reporting foreign income to HMRC
If you are UK resident and receive income from abroad, such as overseas wages, rent...
Reliefs and allowances for Corporation Tax purposes
Companies can reduce their Corporation Tax bill through a range of reliefs, including R&D credits...
Report and pay Capital Gains Tax
If you sell assets such as shares or land, you may need to report your...
Have you verified your ID at Companies House?
From 18 November 2025, all company directors and people with significant control (PSCs) will be...
Don’t be tempted to withhold pay as a form of leverage
Ms Constantine had been a veterinary surgeon since 2017. Initially, she had worked every day...
Why solvency is the true test of business strength
Every successful business, no matter how innovative or fast-growing, ultimately depends on one simple measure:...
UK productivity remains disappointingly weak
The UK continues to struggle with low productivity growth, a long-running challenge that shows little...
CIS – qualifying for gross payment status
The Construction Industry Scheme (CIS) is a set of special rules for tax and National...
Loss of personal allowance – the £100k ceiling
For the current tax year, taxpayers with adjusted net income between £100,000 and £125,140 will...
Deduction of tax on yearly interest
The tax legislation requires the deduction of tax from yearly interest that arises in the...
Business Asset Disposal Relief changes
Business Asset Disposal Relief (BADR) offers a significant tax benefit by reducing the rate of...
Claiming 4-years Foreign Income and Gains relief
The remittance basis of taxation for non-UK domiciled individuals (non-doms) was replaced with the new...
VAT on goods you export
Exports from Great Britain or Northern Ireland can be zero-rated for VAT, provided businesses obtain...
Winning new contracts without offering punitive credit terms
In today’s competitive market, many businesses feel pressured to extend generous payment terms to win...
Business meetings – Face to face or online?
The way we meet has changed dramatically in recent years. Technology now makes it possible...
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...
