Corporate claims for charitable donations
When a limited company makes charitable donations specific rules apply. These may include Corporation Tax...
More detail on VAT charge on private school fees
More details have been published regarding Chancellor Rachel Reeves' plans to impose a VAT charge...
Holiday Lets – the demise of tax concessions
It was announced as part of the Spring Budget measures that the present favourable tax...
Pension contributions – claiming higher rate tax relief
You can usually claim tax relief on private pension contributions worth up to 100% of...
Road fuel costs still too high
The Competition and Markets Authority (CMA) has published an update on the widespread action it...
Living Wage rates to be overhauled
In a move to put more money in working people’s pockets, the government has overhauled...
First interest rates cut in over four years
The Bank of England’s Monetary Policy Committee (MPC) met on 1 August and in a...
Using the VAT Annual Accounting Scheme
The VAT Annual Accounting Scheme is available to most businesses with an annual turnover of...
Sharing your home with tenants
If you have tenants in your home there can be Capital Gains Tax (CGT) consequences...
Review your State Pension estimate
You can access the Check Your State Pension forecast service on GOV.UK via this link:...
What qualifies for IHT Business Relief
There are several types of reliefs from Inheritance Tax (IHT), one of which is IHT...
HMRC launches VAT registration tool
A new digital VAT registration tool has been launched by HMRC that can be used...