d News | Strathmore Accountants

Pension fund reforms

The Chancellor announced pension fund reforms as a further step in the government’s plan to boost British business and increase ...

Holiday Lets averaging election

The furnished holiday let (FHL) rules allow holiday lettings of properties that meet certain conditions to be treated as a ...

Appeals against tax penalties

It is not unusual for taxpayers to find themselves in a position where they disagree with a tax decision issued ...

Advise HMRC if company is dormant

If a company has stopped trading and has no other income, then the company is usually classed as dormant for ...

Contractors and CIS

The Construction Industry Scheme (CIS) is a set of special rules for tax and National Insurance for those working in ...

Companies House filing fees increase

Companies House has announced that some of their fees will be changing from 1 May 2024. The last change in ...

Update on the tax status of Double Cab Pick Ups

HMRC have reversed a previous decision (originally published 12 February 2024) on the tax status of Double Cab Pick Ups ...

A new champion for small businesses appointed

An experienced entrepreneur has taken up a key role to promote the needs of small businesses to government and ensure ...

Crack down on ‘fire and rehire’ practices

The Government has announced action to tackle the use of controversial 'fire and rehire' practices. In a press release issued ...

Letting part of your home

In general, there is no Capital Gains Tax (CGT) on a property which has been used as the family's main ...

Entitlement to 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 ...

Types of limited companies

A limited company is a company ‘limited by shares’ or ‘limited by guarantee’. Limited by shares This is the most ...