Inheritance Tax changes and common questions
Posted by Ian Henman on December 13, 2023Inheritance tax rules can be difficult to understand, so we have answered some of the most common IHT questions.
Trading losses? Here’s how you can use them to cut your tax bill….
Posted by Mark Ingle on December 1, 2023Trading losses can sometimes result in a tax refund for your business. Here’s how to reduce your tax bill if your trade is losing money.
Domestic Items Relief and Landlords
Posted by Karen Jones on November 29, 2023Understanding when domestic items relief can be claimed is important as it determines whether a cost is tax-deductible or not.
Cloud accounting software : time to switch?
Posted by Kirsty Demeza on November 27, 2023Being flexible and agile in business is more important than ever. Find out why now could be time to switch to cloud accounting software.
£217m income tax rebates unclaimed – are you missing out?
Posted by Karen Jones on November 27, 2023Millions of pounds worth of income tax rebates remain unclaimed. Have you missed out on an income tax rebate?
How to register for VAT – a simple guide
Posted by Mark Ingle on November 20, 2023If you think you need to register for VAT, our simple guide talks you through the steps you need to take – and shows you where to get help.
Letting properties without telling the taxman? He’s scouring the Land Registry..
Posted by Jon Pryse-Jones on November 17, 2023Have you been letting properties without telling the taxman? There might be a chunky fine coming your way for failing to disclose.
Gifts out of surplus income and Inheritance Tax
Posted by Ian Henman on November 13, 2023If you give gifts out of surplus income, they don’t attract Inheritance Tax. Yet few people do this. We look at how this tax break works.
New ruling could result in thousands of Capital Gains Tax refunds
Posted by Jon Pryse-Jones on October 30, 2023A court ruling has revealed HMRC has wrongly charged CGT in certain situations. Thousands could be eligible for CGT refunds.
HMRC to launch online National Insurance contributions tool
Posted by Jon Pryse-Jones on October 23, 2023Do you want to top up your pension with voluntary National Insurance contributions? If so, you’ll soon be able to do it online.
