Insights


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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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November 27, 2023

VAT registration goes online only


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HMRC is moving ahead with its ‘digital by default’ ambition by pushing VAT registration to online only. Any business unable to use the online registration service will have to call HMRC’s VAT helpline to obtain a paper registration form.

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Autumn Statement 2023
November 22, 2023

Autumn Statement 2023 – What it means for your business


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Today, Chancellor Jeremy Hunt delivered his Autumn Statement. The Chancellor said this Autumn Statement included 110 measures to “Help grow the British economy and back British business”, but were today’s announcements in line with this promise?

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November 20, 2023

Handy hints ahead of self-assessment


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The 31 January 2024 deadline for submitting a 2022/23 self-assessment tax return is not far off, especially for those not yet registered.

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November 17, 2023

Why am I paying Corporation Tax at 26.5% and what can I do about it?


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Corporation Tax rates for limited companies have changed, notably for those companies with taxable profit in excess of £50,000.

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November 13, 2023

Free property alerts for landlords


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Landlords in England and Wales might not be aware, but there is a free property alert service that monitors any significant activity on let property.

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November 6, 2023

An uncertain future for the Triple Lock


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State pension increases could be outpacing inflation next April, and there’s no guarantee of the Triple Lock surviving the next election.

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October 30, 2023

Energy efficiency targets shelved


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The government’s backtracking over the introduction of energy performance targets for property let out in England and Wales is facing criticism, but it will be welcome news for landlords.

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October 23, 2023

Farewell to inheritance tax?


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There are now reports that the March 2024 Budget will include a reduction to the 40% IHT rate as a prelude to future abolishment.

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October 13, 2023

VAT and holding companies


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Here’s a basic understanding of what constitutes a holding company and what needs to be considered if you want to recover VAT in a holding company.

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October 9, 2023

Deferring your state pension


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Most people draw their state pension as soon as it becomes available, but If you do not make that claim your state pension is automatically deferred until you choose to claim it.

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October 2, 2023

Don’t get caught in the VAT penalties net


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Many VAT-registered businesses still find VAT too complex. No surprise then that more businesses than ever are getting hit with penalties for inaccuracies.

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