d News | Strathmore Accountants

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 ...

VAT Cash Accounting

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

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 ...

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 ...

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 ...

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 ...

Covering basic business risks

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

New employers check list

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

Tax and termination payments

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

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 ...

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 ...