How a business should account for VAT in the UK
Value Added Tax (VAT) is one of the most significant taxes that UK businesses must manage. Vat is collected on …
General
Company mobile phones – Common Mistakes
A common expense for employeres is to provide their staff with a mobile phone. This is especially common for those …
Pension Annual Allowance
Pension Contributions Contriuting to your pension is not only a great way to plan for the future, but it also …
Capital Gains Tax Returns
All gains realised on UK residential property disposals must be reported to HMRC via a CGT return. The return, captial …
The High-Income child benefit charge
In an effort to reduce unfairness, the thresholds for the high-income child benefit charge (HICBC) will be increased from 2024/25. …
National Insurance for self-employed
Learn about key 2024 National Insurance changes for the self-employed, including the abolition of Class 2 NICs and reduced Class 4 rates.
Tax Returns
Notices to complete Self-Assessment tax returns are issued after April 5th each year. The notice requires the person named to …