News

Taxation of entertainment expenses

Many business gifts and hospitality costs are not tax-deductible under current rules. Entertainment expenses including providing...

Estate valuation for IHT purposes

Before probate begins, you must estimate the estate's value to see if Inheritance Tax applies...

Found objects and Capital Gains Tax

Items discovered lying on land or buried in the soil, such as antiques or historical...

New self-assessment services announced by HMRC

New digital services have been launched that aim to make filing and managing tax returns...

Shared home ownership

Shared home ownership offers a more accessible route to owning a home for those who...

Making Tax Digital – important deadline dates

Making Tax Digital for Income Tax (MTD for IT) will become mandatory in phases from...

Red tape eased for new cafes and bars

Communities and town centres across the UK are about to get a serious boost. The...

Choosing a Business Rates Agency

The Valuation Office Agency (VOA) has issued updated advice to help business owners choose and...

IHT Unused Pension Funds and Death Benefits changes

It was confirmed with the publication of the draft Finance Bill 2025-26 that measures first...

IHT Agricultural and Business Property Relief changes confirmed

Despite intense lobbying by the farming community, the proposed reduction in IHT Business and Agricultural...

Capital Gains valuations of goodwill

Who values goodwill when a business is sold? HMRC's Shares and Assets Valuation team takes...

VAT relief for the disabled

VAT relief is available on goods and services for people with long-term illnesses or disabilities...