Blogs

When Should a Business Leave a VAT Scheme?
Post-pandemic, many businesses are finding that their trading circumstances have changed such that the non-standard

NIC Landscape for 2023/24
As far as National Insurance was concerned, the 2022/23 tax year was a tricky one

New Corporation Tax Regime
Changes to the corporation tax regime come into effect from 1 April 2023 – the

Is An Alphabet Share Structure Still Worthwhile?
In an alphabet share structure, each shareholder has a different class of share. For example,

What is an SA106 Form?
If you are that one individual who owns the status of being a UK resident,

How To Claim A Tax Refund
If you have paid too much tax, you will be able to get a refund

Claim The Employment Allowance For 2023/24
The Employment Allowance is an allowance that eligible employers can claim to set against their

Can you Afford to Sell an Investment Property?
Property is generally a good investment, and where an investment property or second home has

How to Pay Tax on Your Foreign Income in the UK?
There are several cases that have been observed in people who are residents of the

The Dangers of Letting Friends Use the Holiday Let
Furnished holiday lettings have tax benefits that are not available to landlords of residential lets.

MTD and Landlords – the New Timetable
Under the original plans, landlords with rental income (or combined rental and business income) of

Tax Implications of Writing Off a Bad Debt
Companies and self-employed businesses with a turnover exceeding £150,000 a year are obliged to prepare

Corporation Tax Rate Changes – What are Tax Implications?
Most directors know that as of 1 April 2023, companies with taxable profits in excess

NIC Position if you are Employed and Self-Employed, Deferment
With different rates and limits of National Insurance contributions (NIC) for the 2022/23 year, anyone

Is the Teacher Tax Rebate Genuine?
It has been observed among the teacher’s sectors that teachers from the primary and secondary