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20-06-2024
Reclaiming pre-trading VAT
There are special rules that determine the recoverability of VAT incurred before a business registered for VAT. This type of Read more..

20-06-2024
Post cessation transactions
Tax relief may be available for post-cessation expenses of a trade. To be an allowable post-cessation expense the trade must Read more..

20-06-2024
Tax relief for training costs
If you are self-employed it is important to know if an expense is tax allowable. Any allowable costs can be used to reduce Read more..

20-06-2024
Tax and employee share schemes
There are a number of government approved share schemes which offer various incentives to employees. The rules of the schemes Read more..

20-06-2024
Connected persons for tax purposes
The definition of a connected person for tax purposes varies. A statutory definition of “connected persons” for Read more..

20-06-2024
Is your income over £100,000?
If you earn over £100,000 in any tax year your personal allowance is gradually reduced by £1 for every £2 of adjusted net Read more..

17-06-2024
Child Benefit for 16 – 19 year olds
More than a million parents will receive reminders to extend Child Benefit for their teenagers if they are continuing their Read more..

17-06-2024
Are we unpaid tax collectors?
Business owners often refer to VAT as if it were a cost to their business regardless of their VAT position; whether they are Read more..

13-06-2024
Types of HMRC enquiries
HMRC can enquire into any statutory return (or amendment of that return) or statutory claim to check if the return / claim Read more..

13-06-2024
Correcting errors in VAT returns
Where an error on a past VAT return is uncovered businesses have a duty to correct the error as soon as possible. As a Read more..

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