Have you claimed the working from home tax relief?

Jul 05, 2022

The eligibility criteria for the Government’s work from home tax relief was relaxed during the pandemic, as restrictions prevented many people from physically going to work. Thanks to this, if you were required to work from home for a limited period, ...


Have you renewed your tax credits?

Jul 01, 2022

According to HMRC, 323,700 customers are yet to renew their tax credits, with just one month left to do so. Tax credits offer targeted financial aid to working families, so to ensure you receive what you are eligible for, it is ...


Could you be missing out on tax savings?

Jun 21, 2022

With the soaring cost of living squeezing pockets, no one wants to be paying more tax than they should be. Despite this, over £20 billion of tax allowances and reliefs remain unclaimed in the UK. The key to taking advantage of ...


Can my business pay for my garden office?

May 06, 2022

When it comes to purchasing and expensing a garden office, you may be wondering if your company can cover the costs. Whilst this is possible, there are the following caveats and issues to contend with that you should keep in mind. Capital ...


Discovery assessments: Catch up with the latest changes

Apr 19, 2022

Discovery assessments look set to be applied to the High-Income Benefit Charge under new legislation set out by the Government. A loophole regarding discovery assessments and the charge was brought to light following the case of HMRC V Mr Wilkes last ...


Corporation Tax: could you be missing out on tax reliefs?

Apr 11, 2022

Knowing which taxes your business is liable for can feel a bit overwhelming, which can result in you not recognising opportunities to save on tax. If you have a limited company or a foreign company with a UK branch, you will ...


Latest deadline for Making Tax Digital for VAT comes into force imminently

Mar 31, 2022

A major change in the way VAT is reported comes into force from tomorrow. Every small business that charges VAT will have to file accounts through the HM Revenue & Customs (HMRC) Making Tax Digital (MTD) system. All VAT-registered businesses must ...


Huge majority back move to keep hospitality VAT at 12.5 per cent

Mar 17, 2022

The British public is overwhelmingly in support of the temporary 12.5 per cent rate of VAT for hospitality being retained. According to a new poll, nearly 80 per cent are in favour, but the Government seems determined that the rate will ...

Tax scam blog 11.3.22

Watch out for tax scams, warns HMRC

Mar 11, 2022

HM Revenue & Customs (HMRC) is warning taxpayers to stay alert to tax scams after a surge in fraudulent activity. The report comes after the February Self Assessment deadline, when self-employed business owners expect to be contacted by the tax authority. According ...


End of tax-free shopping: what is the impact on tourism?

Mar 07, 2022

Following Brexit, the UK removed tax-free shopping for tourists which is now having an impact on Britain’s prospects as an international shopping destination, new research reveals. Formerly, when the UK was part of the EU, tourists from outside the EU were ...


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