Tax Tips

During the COVID-19 pandemic many employees were required to work from home.  Since restrictions have been lifted, employers have put in place “hybrid” working arrangements whereby employees work [...]

The costs of keeping the country running through covid were huge and inflation is expected to add to the country’s debt. The Office for Budget Responsibility has indicated that the treasury will [...]

This month HMRC is writing letters to holders of cryptoassets (sometimes known as cryptocurrency), encouraging them to evaluate their capital gains tax position and make a declaration to HMRC for [...]

Following extensive feedback from all the professional bodies, HMRC has postponed the implementation of Making Tax Digital for income tax self-assessment (MTD ITSA). The regulations confirm that [...]

The 5th October HMRC tax return registration deadline is almost here – find out how to file your tax return for the year ended 5th April 2021. If you don’t already file a Tax Return, you [...]

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 [...]