Please note: The information contained in this site is provided for information purposes only and is of a general nature. It is not a substitute for specific professional advice related to your own circumstances. You are recommended to obtain specific professional advice before you take any action. Thank you!
The pros and cons of letting furnished holiday accommodation. When furnished holiday property is let on a commercial basis for short periods, the owner can benefit from certain tax reliefs which wouldn’t otherwise be available to residential landlords, providing...
Calls increase for reform of ‘flawed’ apprenticeship Levy
‘Raise the VAT threshold to stimulate SME growth’
SMEs miss out on business savings interest
Working pensioners pay £8.6bn in income tax
Obligations from 1 April 2019 onwards. Although the Making Tax Digital (MTD) regime has suffered several setbacks and delays, MTD for VAT remains on course to take effect from its planned implementation date of 1 April 2019. Under the scheme, VAT-registered businesses...
A brief guide to the tax implications of IR35. IR35 is the shorthand name for tax rules concerning the provision of personal services through intermediaries. These rules came into effect on 6 April 2000, but they were significantly amended from 6 April 2017 for...
A common question we are asked is whether or not we should charge VAT on expenses recharged to clients. In this article, we will look at when you should or should not charge VAT to your client. The simple answer is that if you are selling a standard rated product or...
Your obligations for reporting travel expenses. Many employees need to travel as part of their job for various reasons, whether it’s acquiring new customers, working with current ones or attending conferences and events. The system of benefits and taxation surrounding...
Tennant fees ban set to cost landlords £82.9m
Businesses call for more government support
HMRC defers launch of digital accounts for individuals
Deadline for reporting benefits in kind nears
How to reduce what you owe the taxman.
Nobody wants the taxman to take more than his fair share, and planning your finances early on can ensure you adopt the most tax-efficient strategy for the months and years ahead.
What’s new for 2018/19? Despite year-on-year tax rises, company cars remain a popular benefit.
Xero's employee portal has been around for a couple of years now but are you really getting the best out of it? Use My Payroll (the employee portal) to view your payroll details and payslips, submit and edit timesheets and request time off. GDPR rules for protecting...