Doing Up a Property – Are you Trading?
Taking on a renovation project can be hugely appealing, particularly if the property is subsequently sold at a profit. However, from a tax perspective, it
Doing Up a Property – Are you Trading? Read More »
News
Do you Need to Pay the Annual Tax on Enveloped Dwellings By 30 April 2023?
The Annual Tax on Enveloped Dwellings (ATED) is an annual tax payable on residential property valued at more than £500,000 which is held by a
Do you Need to Pay the Annual Tax on Enveloped Dwellings By 30 April 2023? Read More »
Relief for Replacement Domestic Items
If you let a furnished property, it is very likely that you will need to replace domestic items from time to time. A specific relief
Relief for Replacement Domestic Items Read More »
Companies House Changes – A Reason for Disincorporation?
In March last year, the government published a White Paper setting out its final position on reforming Companies House ahead of introducing legislation. The big
Companies House Changes – A Reason for Disincorporation? Read More »
Tax E-News – Budget Special
On 15 March 2023, Chancellor Jeremy Hunt presented his first Budget to Parliament and set out a plan to reduce inflation, grow the economy and
Tax E-News – Budget Special Read More »
Overpayment Relief Claim – How Long Do you Have?
Tax repayment claims are usually made via the submission of a tax return. The time limit for amending a return (whether individual or company) is
Overpayment Relief Claim – How Long Do you Have? Read More »
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 VAT scheme under which the business is registered is no
When Should a Business Leave a VAT Scheme? Read More »
NIC Landscape for 2023/24
As far as National Insurance was concerned, the 2022/23 tax year was a tricky one featuring in-year changes to the primary threshold and in-year changes
NIC Landscape for 2023/24 Read More »
New Corporation Tax Regime
Changes to the corporation tax regime come into effect from 1 April 2023 – the start of the financial year (FY) 2023. From that date
New Corporation Tax Regime Read More »
Is An Alphabet Share Structure Still Worthwhile?
In an alphabet share structure, each shareholder has a different class of share. For example, one shareholder may have A ordinary shares, another B ordinary
Is An Alphabet Share Structure Still Worthwhile? Read More »