by Lisa Dickson | May 18, 2021 | HMRC and tax
COVID-19 prompts high demand for UK holidays. Owning and letting out a holiday home, otherwise known as a furnished holiday let (FHL), has always been a popular way of investing and earning income. Not only do FHLs enjoy many tax advantages over normal residential let...
by Lisa Dickson | May 11, 2021 | Pensions
How might the big freeze affect you? Traditionally, most people get nowhere near breaching the pensions lifetime allowance, but that’s likely to change over the next five years. The lifetime pensions allowance is currently £1,073,100. In his Spring Budget on 3 March...
by Lisa Dickson | May 4, 2021 | Bookkeeping 101
In this article, I am going to cover VAT on services after Brexit. B2B or B2C Services to UK Customers First let’s consider B2B or B2C Services to UK Customers If you are a UK business supplying services that are usually subject to VAT to UK customers then it is super...
by Lisa Dickson | Apr 30, 2021 | Newsletters
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month’s insights below, or download our Newsletter and read it at your leisure. Highlights Super-Deduction tempts 51% of manufacturers to invest...
by Lisa Dickson | Apr 15, 2021 | HMRC and tax
What’s ahead for companies, from rate rises to Making Tax Digital. For the past 40 years or so, corporate tax rates have decreased steadily around the world. In 1980, the global average stood at around 40%, but by the end of 2020 it was closer to 24% as various...
