Meaning of trade for tax purposes
The meaning of trade for tax purposes, often referred to as HMRC’s “badges of trade” test helps determine whether an ...
Which supplies are zero rated for VAT?
Understanding which supplies are zero rated for VAT is essential for any business. A zero-rated supply is still a taxable ...
Tax effects of letting out part of your home
If you have tenants living in your property, it is important to understand the Capital Gains Tax (CGT) implications. In ...
When not to charge VAT
When issuing invoices, it is important to apply the correct VAT treatment. In some cases, that means not charging VAT ...
Filling in NIC contribution gaps
National Insurance credits can help qualifying applicants to fill contribution gaps in their National Insurance record. This can help taxpayers ...
How to claim child benefits
An application to claim child benefits can usually be made 48 hours after you have registered the birth of your ...
Creative businesses to benefit from government finance package
The government has announced a new package of measures designed to improve access to finance for creative businesses across the ...
Why inflation matters when funding pension funds
When planning pension funding, inflation is often acknowledged but not always fully reflected in contribution decisions. Using an average inflation ...
Workplace pensions
Automatic enrolment for workplace pensions has helped many employees to start making provision for their retirement with employers and government ...
Simplified expenses on motor vehicles
There are simplified expenses arrangements available for sole traders and business partnerships (with no corporate partner) that allow the use ...
Claiming the Annual Investment Allowance
The Annual Investment Allowance (AIA) is a generous tax relief that allows for the total amount of qualifying expenditure on ...
Who needs to file a self-assessment tax return
There are several reasons why you might need to file a self-assessment tax return. This could apply if you are ...
HMRC reminder for self-employed and landlords
If you have not yet checked whether you need to use Making Tax Digital (MTD) for Income Tax, you should ...
Check how to claim a tax refund
If you believe that you have overpaid tax to HMRC, you may be entitled to claim a tax refund. Overpayments ...
New business formations exceed business “deaths”
The latest figures from the Office for National Statistics show that in 2025 the number of UK business births exceeded ...
Business exit planning matters
For many business owners, the focus is firmly on growth, profitability and day to day operations. Exit planning is often ...
Intimidating claimants with costs orders may be at an end.
A claimant made allegations of unfair dismissal, discrimination, and detriment resulting from whistleblowing. While his claim against the Council was ...
Tax and property when you separate or divorce
When a couple separates or divorces, most attention focuses on the emotional and practical aspects. However, it is important to ...