Latest News

Eligibility for replacement of domestic items relief

The replacement of domestic items relief enables landlords to claim tax relief when they replace movable furniture, furnishings, household appliances ...
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Changing a company’s accounting year end

There are special rules which limit the ability to change your company’s accounting year end date. A company’s year end ...
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Register of Overseas Entities

The Register of Overseas Entities came into force in the UK on 1 August 2022. The register is held by ...
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Tax on savings interest

If you have taxable income of less than £17,570 in 2023-24 you will have no tax to pay on interest ...
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Still time to register for the Marriage Allowance

There is still time to register for the marriage allowance before the current tax year ends on 5 April 2024 ...
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Company confirmation statement changes

As well as filing accounts with Companies House, there is an important requirement to check that the information Companies House ...
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Tax Diary April/May 2024

1 April 2024 - Due date for corporation tax due for the year ended 30 June 2023. 19 April 2024 ...
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Tech companies assist with fuel price transparency

Leaders from top comparison sites, RAC and The AA will be among those meeting the Energy Affordability Minister to help ...
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Public sector productivity

In a recent announcement by the Treasury, it was announced that plans are afoot to deliver up to £1.8bn of ...
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Updated guidance on reporting hybrid working for sponsored workers

In spring 2023, the government updated part 3 of its sponsor guidance for workers and temporary workers to provide that ...
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ICO publishes guidance on information sharing in mental health emergencies at work

The Information Commissioner’s Office (ICO) has published new guidance to give employers greater certainty about sharing their workers’ personal information ...
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Spring Budget 2024 – Fuel Duty rates

In the Spring Budget, the Chancellor extended the fuel duty cut for a further 12 months to help support households ...
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Spring Budget 2024 – non-dom changes

In a move that may partly have been prompted by seeking to mirror a longstanding policy of the Labour party, ...
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Spring Budget 2024 – CGT on disposals of residential property

A higher rate of Capital Gains Tax (CGT) applies to gains on the disposal of residential property if the gain ...
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Spring Budget 2024 – Alcohol and Tobacco Duty

As part of the Spring Budget measures, the Chancellor announced that the duty rates on beer, cider, wine and spirits ...
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Spring Budget 2024 – High Income Child Benefit Charge

The High Income Child Benefit Charge (HICBC) came into force January 2013 and has applied to taxpayers whose income exceeds ...
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Spring Budget 2024 – VAT registration threshold changes

The taxable turnover threshold that determines whether businesses should be registered for VAT will increase from £85,000 to £90,000 from ...
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Spring Budget 2024 – NIC changes

As had been widely expected, the Chancellor announced further changes to National Insurance contributions (NIC) rates for employees and the ...
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