Government reviews access to face-to-face banking services
The government has announced a review into access to face-to-face banking services as concerns continue to grow over the impact ...
Companies House publishes its business plan
Companies House has published its business plan for 2026-27, setting out its priorities for the coming year as it continues ...
VAT – opting to tax property
The option to tax is a VAT election that allows businesses to treat supplies of most non-residential land and buildings ...
Claiming to reduce payments on account
Self-assessment taxpayers are usually required to make payments on account to pay their Income Tax liabilities. These are paid in ...
IHT – gifts made with reservation of benefits
Most lifetime gifts are treated as potentially exempt transfers (PETs) for Inheritance Tax (IHT) purposes. In general, these gifts become ...
A reminder of tax-free trivial benefits
Employers looking to provide staff with small gifts or seasonal tokens of appreciation should remember the rules for tax-free trivial ...
Key person policies and tax relief
Many businesses take out “key person” insurance policies to protect against the financial impact of losing an important employee, director ...
Government measures to ease rising fuel costs
The government has announced a package of measures intended to help motorists and businesses manage rising fuel costs following disruption ...
Increase in approved mileage rates
The Chancellor of the Exchequer, Rachel Reeves updated Parliament on 21 May 2026 on the Government’s economic response to the ...
New measures aimed at easing living costs
The Government has announced a new package of measures designed to help households manage rising living costs during the summer ...
Tougher action on late payments
The Government has introduced a landmark new Bill aimed at tackling the growing problem of late payments to small businesses, ...
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 ...
Tax effects of living away from your home
Many homeowners assume that if a property has been their main residence at some point, any gain made on sale ...