Capital Allowances – Six things to know aboutPosted by Liz Cordell on September 1, 2020
One of the first things you should know about Capital Allowances is what you can claim on? We explain below what qualifies for Capital Allowances, along with some other things we think you should know.
HMRC Tax Investigation : What you need to knowPosted by Mark Ingle on August 10, 2020
Tax enquiries have been on the rise over the past few years so it’s important that you know what would happen.
Common questions about Inheritance TaxPosted by Ian Henman on August 7, 2020
Inheritance tax rules can be difficult to understand, so we have answered some of the most common IHT questions.
Made a trading loss? Here’s how you can use it to cut your tax bill….Posted by Mark Ingle on August 3, 2020
A trading loss can sometimes result in a tax refund. Learn more about how to obtain relief for your trading losses.
Domestic Items Relief and LandlordsPosted by Karen Jones on July 31, 2020
Understanding when domestic items relief can be claimed is important as it determines whether a cost is tax-deductible or not.
Cloud accounting: time to switch?Posted by Kirsty Demeza on July 29, 2020
Being flexible and agile in business is more important than ever. Find out why now could be time to switch to cloud accounting software.
Letting properties without telling the taxman? He’s scouring the Land Registry..Posted by Jon Pryse-Jones on July 27, 2020
Have you been letting properties without telling the taxman? There might be a chunky fine coming your way for failing to disclose.
Making Tax Digital changes for landlords, businesses and the self-employedPosted by Kirsty Demeza on July 22, 2020
HMRC is introducing Making Tax Digital changes in 2022 and 2023. What are they, what do you need to do, and should you register early?
Capital Gains Tax on property sales – new express servicePosted by Kirsty Demeza on June 29, 2020
Capital Gains Tax on property sales – you now have only 30 days to calculate the tax due, declare it to HMRC and pay over the tax.
Important deadlines for July 2020Posted by Jon Pryse-Jones on June 29, 2020
Important deadlines for July 2020 – here we list the deadlines for tax etc. that you need to watch out for if you do not wish to suffer penalties or interest.