What expenses can you deduct if you are self-employed?
Date posted: 20th Jan 2025
In working out your taxable profit, you can deduct certain expenses that you have incurred in running your business.
Date posted: 20th Jan 2025
In working out your taxable profit, you can deduct certain expenses that you have incurred in running your business.
Date posted: 20th Jan 2025
HMRC have launched a new disclosure service aimed at companies that may have overclaimed R&D tax relief in previous years.
Date posted: 9th Dec 2024
After the significant increase in employer’s national insurance in the budget, a lot of attention is, naturally, being given by business to how it can minimise the impact.
Date posted: 9th Dec 2024
Under English property law, there are two ways in which property can be owned jointly – as joint tenants and as tenants in common.
Date posted: 9th Dec 2024
As we near the end of 2024, the end of the 2024/25 tax year will be just around the corner.
Date posted: 9th Dec 2024
Employers looking to spread some seasonal goodwill can do so in a tax-efficient manner by taking advantage of the exemptions for annual parties and functions and trivial benefits.
Date posted: 22nd Nov 2024
Back in February 2024, you may recall updates from us confirming that HMRC were going to treat double cab pick ups (DCPUs) as company cars, instead of commercial vehicles and therefore following the van benefit rules.
Date posted: 22nd Nov 2024
Landlords with furnished holiday lettings (FHLs) currently enjoy favourable tax advantages compared to those letting residential property on longer term lets.
Date posted: 21st Nov 2024
There are various reasons why a person may not have told HMRC about the tax that they owe, ranging from a simple oversight to the deliberate evasion of tax.
Date posted: 21st Nov 2024
There are circumstances in which it may be desirable to sell some or all of a garden or the land attached to a residence separately from the residence itself.
Where this is on the cards, it is essential to plan ahead to prevent an unwanted tax liability arising accidentally. Here, it is vital that the separate sales are conducted in the correct order to preserve private residence relief.
