Claiming tax relief for job expenses
Employees working from home may be eligible to claim a tax deduction for certain job-related...
Probate waiting times halved
The Ministry of Justice (MOJ), together with HM Courts & Tribunals Service (HMCTS) and the...
Is your extra income taxable?
HMRC has launched a new "Help for Hustlers" campaign to help people who are earning...
Should you incorporate your business?
Deciding whether to incorporate your business in the UK involves evaluating several key factors:
Limited Liability...
Exploring National Insurance Credits
Even if you have never been employed, you might have been eligible for NI credits...
CIS monthly returns obligations
The Construction Industry Scheme (CIS) requires contractors to deduct tax from subcontractor payments and file...
Check or update company car tax details
If you use a company car for private travel, it's taxed as a Benefit in...
Jointly owned property – no partnership
Tax on rental income from jointly owned property depends on ownership shares, unless part of...
Tax when transferring assets during divorce proceedings
Separation and divorce can create tax implications, particularly Capital Gains Tax (CGT) on asset transfers...
Cut in interest rates
The Bank of England’s Monetary Policy Committee (MPC) met on 5 February and in a...
Health services exempt from VAT
Health professionals providing medical services may be exempt from VAT if their work falls within...
How to Check the Creditworthiness of New Customers
Before extending credit to new customers, it’s essential to assess their financial reliability. Checking their...
How to Stop Future Payments on Your Debit or Credit Card
Stopping future payments from being made on your debit or credit card is crucial for...
Not all hurt feelings are uncapped & costly
The Employment Appeal Tribunal slashed a £10,000 award for injury to feeling by 80% after...
Tax chores if managing a deceased person’s estate
When someone dies, their personal representative (executor or administrator) must value their estate to determine...