Tax Tips

R&D (Research & Development) tax credits can be worth thousands of pounds and can have a major impact on many companies. This injection of funds is welcome at any time but especially [...]

HMRC has changed the advisory fuel rates for company cars with effect from 1 December 2020, but for one month from the date of change, employers may use either the previous or new current rates, [...]

Although tax is not the only consideration in a divorce, knowing the rules and understanding the tax implications can ensure that separation and divorce is managed in the most tax-efficient way [...]

As of 1 January 2021 the VAT treatment of imported goods is changing. Until then the current rules apply and change depending on if the goods are imported from EU or non-EU countries. Postponed [...]

Cashflow is the lifeline of many companies and during difficult times, it is more important than ever. Usually, when you think about VAT, it is in a negative light. However, there are ways in [...]

Divorce is never a nice time for any of all those involved. Although tax may not be at the top of your priorities during this time, it is extremely important to be aware of the tax implications [...]

Companies are regularly looking for ways to reduce the corporation tax they pay. It is important for businesses to adhere to the correct rules for corporation tax however that doesn’t mean that [...]

Inheritance tax is a subject that may not be pleasant to discuss and, like most taxes, can be unpopular. However, a proactive approach to inheritance tax and an awareness of the subject could [...]

HMRC have announced that the introduction of the domestic reverse charge for construction services will be delayed for a period of 12 months until 1 October 2020. This follows concerns from [...]

Whether you’re a startup or an established business, if your taxable income for a consecutive 12-month period exceeds the VAT threshold (£85,000 for tax year from 2018/19) or if you expect to it [...]