With relatively low interest rates on cash deposits, some companies are looking to invest their spare cash elsewhere, especially if...

Having the company pay for all your fuel might seem like a major perk. However, whether it is truly a valuable benefit depends on a...

Today's business world is increasingly competitive. In order to survive and grow, a business needs to retain talented personnel. While...

If you are new to Self Assessment and need to submit a tax return for 2024/25, you will need to register for Self Assessment. This should...

An umbrella company is a business which may be used by a recruitment agency to pay temporary workers. However, many umbrella companies...

A Simple Assessment is used for taxpayers with very straightforward tax affairs. A taxpayer may receive a Simple Assessment letter from...

Businesses must register for VAT when their turnover exceeds the registration threshold (currently £90,000). This must be done if, at the...

Individuals who claim higher or additional rate relief for personal pension contributions through their tax code may now need to provide...

The rate of SDLT payable on the purchase of a property depends on whether it is a residential property or not, and if so, whether the...

Having tenants who refuse to leave despite being given a valid Section 21 or Section 8 notice is a nightmare for a landlord and places...

When renting out a property it is usual to take a deposit from the tenant to cover the cost of any damage to the property by the tenant....

HM Treasury's recent 'Policy Costing Document' published to accompany 2024 Autumn Budget contained two sentences which appear to have...

Even the best laid plans are liable to change. The 'payback and clawback rules' for VAT reflect this reality. These rules only relate to...

Interest rates are coming down, but HMRC's official rate of interest (ORI) for employee loans has increased to 3.75% per annum (6 April...

The nature of buildings is such that it may be necessary to undertake significant repairs, such as the replacement of the roof, or even...

Currently, there is no limit on the amount of qualifying agricultural and business property that can benefit from the 100% rates of...

As the cost of living rises, you may consider letting a room in your home to bring in some much-needed additional income. This can be tax...

The tax code is fundamental to the operation of PAYE. An employee’s tax code provides the employer with the information needed to deduct...

There are various ways in which profits can be extracted from a personal or family company. A popular and tax-efficient extraction...

A VAT invoice is an invoice that contains information required by the VAT regulations. A VAT invoice can only be issued by a business...