News

The UK economic outlook for 2025

The economic outlook for the UK in 2025 presents a mixed picture, with expectations of...

WASPI claims – apology but no compensation

The UK government has recently addressed the Parliamentary and Health Service Ombudsman's (PHSO) report concerning...

Making Tax Digital for Income Tax volunteers

From April 2026, Making Tax Digital for Income Tax (MTD for ITSA) will transform tax...

Inheritance Tax thresholds and the RNRB

Inheritance Tax nil-rate bands remain frozen until April 2030. Learn how this affects estates, the...

Using the car fuel rates

Advisory fuel rates for company cars help employers and employees manage fuel costs without triggering...

Advising HMRC of employees’ company car details

Ensure compliance with HMRC rules when providing company cars. From P46(Car) submissions to benefit reporting...

Capital Gains Tax – the new rates

Capital Gains Tax rates have increased for disposals from 30 October 2024, with further changes...

Cash-basis default position for self-employed

The cash basis is now the default for self-employed income reporting. Learn about the key...

VAT Reverse Charge in Construction: What You Need to Know

Navigating VAT in the construction industry can feel like untangling scaffolding. Enter the VAT reverse...

The Substantial Shareholdings Exemption

For companies selling shares, the Substantial Shareholdings Exemption (SSE) can mean significant tax relief. Introduced...

When can you recover VAT on a car purchase

Reclaiming VAT on company cars isn’t as simple as it sounds. Generally, businesses can’t recover...

New online tax tools for the self-employed

Navigating tax obligations can be daunting for small business owners and sole traders. To make...