Landlord tax and National Insurance considerations

When renting out property, landlords may have both Income Tax and National Insurance considerations to consider. However, rental income is ...
/ HMRC notices

VAT Cash Accounting

The VAT Cash Accounting Scheme can help businesses improve cash flow by allowing VAT to be accounted for when customers ...
/ Value Added Tax

Can you claim Business Asset Disposal Relief

Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company, or an individual’s ...
/ Capital Gains Tax

Verify your ID at Companies House

Identity verification requirements at Companies House became a legal requirement for directors and people with significant control (PSCs) from 18 ...

Fiscal drag explained

The freezing of tax thresholds can result in a phenomenon commonly referred to as 'fiscal drag'. This occurs when tax ...
/ General

Making Tax Digital – which software to use

Making Tax Digital (MTD) for Income Tax is now in force for many self-employed individuals and landlords. Since 6 April ...
/ Income Tax

Can a tribunal be fair after all is long said and done?

Employment disputes can drag on for years, which inevitably raises the question of how long is too long for a ...
/ Employment Law

Covering basic business risks

Many business owners spend considerable time focusing on sales growth, staffing and profitability, although basic business risks are sometimes overlooked ...
/ Business Support

New employers check list

Taking on your first employee can help a business grow, although it also brings a number of important responsibilities. Before ...
/ Business Support

Tax and termination payments

The tax treatment of termination payments is governed by a detailed set of rules that determine how much is taxable ...
/ Employment & Payroll

Do you need to register for self-assessment?

Depending on your income and circumstances, you may need to register for self-assessment. This may be the case even if ...
/ Income Tax

Working out your UK residence status

Your UK residence status affects how much tax you pay in the UK and, in particular, whether your foreign income ...
/ Income Tax