Will you need to repay child benefits?
The High Income Child Benefit charge applies to taxpayers whose income exceeds £50,000 in a tax year and who are ...
Do you need to submit a Self-Assessment return for 2021-22?
There are a number of reasons why you might need to complete a Self-Assessment return. This includes if you are ...
Get help with childcare costs for Easter
As the Easter holiday approaches, HMRC is reminding parents that they may be eligible for Tax-Free Childcare (TFC) to help ...
When does a partnership exist?
A partnership is a relatively simple way for two or more persons to set up and run a business together ...
What is a wasting asset?
A wasting asset is an asset which has a predictable life of 50 years or less. HMRC’s guidance is clear ...
Self-employed NIC changes
In the recent Spring Statement, a significant increase in the National Insurance Threshold from £9,880 to £12,570 was announced. This ...
Resolving commercial rent debts
A new law that seeks to resolve certain remaining commercial rent debts accrued during the pandemic received Royal Assent on ...
On your bike – cycle to work exemption
The Cycle to Work scheme was introduced over 20 years ago to help promote the use of healthy ways to ...
Scammers target Self-Assessment taxpayers
Fraudsters are continuing to target taxpayers with scam emails, texts and calls following the deadline for submission of Self-Assessment returns ...
Overview of Digital Services Tax (DST)
The UK’s Digital Services Tax (DST) came into operation on 1 April 2020. This tax is designed to ensure that ...
Bare or simple trusts
A trust is an obligation that binds a trustee, an individual or a company to deal with the assets such ...
Extended loss relief carry-back
A reminder that the temporary extension to the eligible carry back period for trading losses applies for company accounting periods ...
