Who qualifies for Tax-Free Childcare?

by | Oct 17, 2024 | HMRC notices

The Tax-Free Childcare (TFC) scheme helps working families manage childcare costs by providing support through a wide network of registered providers, including childminders, breakfast and after-school clubs, and approved play schemes across the UK. Parents can also...

When dividends cannot be paid

by | Sep 12, 2024 | HMRC notices

There is a basic principle that dividends or other distributions must not be paid out of capital even if the Articles of a company authorise such a payment. For the purposes of this article, reference to distributions includes dividends. This is stated as follows in...

Definition of living together

by | Aug 22, 2024 | HMRC notices

There are many tax reliefs available to married couples or civil partners. In many cases, these reliefs are only available if the couple / civil partners meet the legal definition of living together. This definition of ‘living together’ is set out in...

Let Property Campaign

by | Jul 25, 2024 | HMRC notices

The Let Property Campaign provides landlords who have undeclared income from residential property lettings in the UK or abroad with an opportunity to regularise their affairs by disclosing any outstanding liabilities whether due to misunderstanding the tax rules or...