Apr. 26, 2024
Corporate Tax
April 8, 2024
The cost of incorporating a company increases
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The fees associated with incorporating and maintaining a company will rise from 1 May 2024, due to an increase in charges from Companies House.
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April 1, 2024
HMRC ramps up its checks
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There’s no respite for HMRC with inheritance tax (IHT) accounts, undeclared dividend income and gains from share disposals to scrutinise.
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March 11, 2024
Companies House reform brings tougher company checks
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Companies House is introducing wide-ranging reforms – subject to new legislation being in place – from 4 March 2024. Directors need to get ready for the first tranche of measures.
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February 9, 2024
Tax benefits of electric cars for you and your business
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With vehicle technology improving and more choice, the tax benefits of electric cars and vehicles are increasing for drivers and business owners alike.
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February 1, 2024
Why do I need fee protection insurance / tax investigation insurance?
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In this blog, we look at HMRC enquiries, how they may affect you and the benefits of having fee protection insurance in place.
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January 24, 2024
Year End Tax Planning 2023/24
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Personal tax planning before the end of the tax year is important to ensure you make the most of tax reliefs and allowances. This blog offers advice on just some of the opportunities you could consider. It contains ideas affecting income and investments.
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January 19, 2024
BVI Company Update
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On 17 October 2023 the EU removed the British Virgin Islands from it’s list of non-cooperative jurisdictions for tax purposes – the EU Blacklist.
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January 8, 2024
Cash basis to become default
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From 2024/25, restrictions to the cash basis will be removed, making it the default method for calculating trading profit for the self-employed and most partnerships.
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January 5, 2024
Tax implications of hybrid and home working – will HMRC be looking at how you provide home working equipment?
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The transition to hybrid and home working has been difficult for many. Understanding and managing the overall impact for your business is paramount.
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January 1, 2024
R&D tax relief schemes set to merge, but concerns remain
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The two existing research and development (R&D) tax relief schemes are set to merge, although the newly created scheme will be similar to the R&D expenditure credit currently claimed mainly by large companies.
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December 8, 2023
Do you undertake adequate due diligence on your labour supply chain?
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HMRC are continuing to crack down on suspected fraud in labour supply chains. Labour supply chain due diligence is critical to avoid being liable for unpaid taxes, National Insurance contributions, fines and penalties.
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December 4, 2023
Updated tax guidance for electric company car charging
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HMRC has updated its guidance to clarify that there is no taxable benefit when an employer reimburses employees who charge their electric company cars at home. Previously, HMRC maintained that the relevant exemption did not apply.
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