VAT One Stop Shop rules for EU B2C sales
Posted by Jon Pryse-Jones on December 30, 2022The EU has introduced a new VAT One Stop Shop. If you sell B2C services to the EU, learn how this scheme can cut your admin.
IHT planning – is it time to get your house in order?
Posted by Ben Locker on December 21, 2022It’s important that you think about IHT planning as early as possible to make use of all available reliefs. Have you got your house in order?
Associated companies and corporation tax – the rules
Posted by Andy Green on December 19, 2022Following the corporation tax rate change in April 2023, tax rules for associated companies will now affect a larger number of businesses.
4 good reasons to beat January’s self-assessment tax return deadline
Posted by Karen Jones on December 14, 2022January’s self-assement tax return deadline is almost here. But don’t wait until then to do it – this year it’s important to do it early!
Late self-assessment? Beware the tax return ‘super penalty’
Posted by Karen Jones on December 12, 2022Late self-assessment penalties can soon get expensive. But did you know HMRC has the power to impose a 200% ‘super penalty’ in some cases?
Making Tax Digital: Digital link requirements
Posted by Jon Pryse-Jones on December 12, 2022HMRC provides further clarification on digital link requirements for the Making Tax Digital programme. We explain what VAT Notice 700/22 is about.
Working from home expenses changes
Posted by Jon Pryse-Jones on December 8, 2022If you’re employed and claim working from home expenses or other employment-related expenses, you need to know about these changes.
Lifetime gifts and Inheritance Tax: how to notify HMRC
Posted by Ben Locker on December 1, 2022You may know that lifetime gifts can be exempt from IHT if you live for seven years afterwards. But how do you report them to the taxman?
CGT exemption reduction: should landlords sell up now?
Posted by Karen Jones on November 28, 2022CGT changes announced back in 2022 mean the tax-exempt Capital Gains Tax allowance is now shrinking. So should you sell up?
HMRC letters for landlords not declaring income
Posted by Jon Pryse-Jones on November 24, 2022HMRC letters to landlords asking them to declare rental income and pay tax. We look at how HMRC learns about landlords’ financial affairs.
