Latest News

Change to the off-payroll working rules

As part of a review into changes to the operation of the off-payroll working rules (IR35), HMRC has announced that ...
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Employer toolkit for EU Settlement Scheme published

Following Brexit, the government has published an updated toolkit for employers on how to support their employees who are EU ...
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A reminder – badges of trade

The 'badges of trade' tests, whilst not conclusive, are used by HMRC to help determine whether an activity is a ...
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IHT tenants in common or joint tenants?

As a general rule, Inheritance Tax (IHT) is collected from a person's estate when they die and can also be ...
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New bandings for electric vehicles

From 6 April 2020, the car and car fuel benefit calculations are changing with the introduction of 11 new bands ...
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PAYE payment dates

This article is a reminder to payroll staff about the electronic PAYE payment dates. The due date for electronic PAYE ...
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Student and postgraduate loans

If you have a student loan, have finished your studies and entered the workforce you must begin to make loan ...
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Rent a room relief 2019-20

The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in their home. The current ...
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Tax if you return to the UK

There are tax implications that you will need to consider if you previously left the UK to live abroad and ...
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Budget date re-confirmed

After a tumultuous few days in politics, it has been confirmed by the new Chancellor of the Exchequer, Rishi Sunak ...
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Could you claim the marriage allowance?

If you are entitled to the marriage allowance and have not yet applied, you could receive a payment of up ...
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Gifts to spouse or charity

There is usually no Capital Gains Tax (CGT) to be paid on the transfer of assets to a spouse or ...
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Change to off-payroll working rules

A welcome change to the implementation of the new off-payroll working rules has been announced. The Government has confirmed that ...
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Review occupancy for Holiday Lets owners

The furnished holiday let (FHL) rules allow holiday lettings of properties that meet certain conditions to be treated as a ...
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Checking your NIC records

HMRC offers an online service to check your National Insurance Contributions (NIC) record online. In order to use the service, ...
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Still time to utilise annual tax-free allowance

We would like to remind our readers that there is still time to use the annual exemption for Capital Gains ...
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Scottish Income Tax rates announced 2020-21

Public finance minister Kate Forbes delivered her first Budget statement to the Scottish Parliament on 6 February 2020. This followed ...
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Breathing space to help those in debt

HM Treasury has confirmed that the new 'breathing space' scheme to help those with problem debts will become operational next ...
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