Claiming overlap relief 1 Sep 2023 Tax - To claim overlap relief, you will need to know what your overlap profits are.
Reasons to file your tax return early 1 Sep 2023 Tax - HMRC has been encouraging taxpayers to file their tax returns early. Is this worthwhile and what are the benefits?
The implications of late VAT registration 1 Sep 2023 Tax - Applications for a VAT registration number, late or otherwise, are currently taking at least 40 days to be issued
R&D Additional Information Form 9 Aug 2023 Tax - Whilst the legislation regarding qualifying activities has not changed, now you must submit your R&D claims via Additional Information Form.
Essential Guide to P11D Forms: Understanding their purpose, what needs to be included, and how to submit them to HMRC 9 Aug 2023 Bookkeeping, Tax - Find out what a P11D form is, if you need to submit one, what its purpose is, what does and doesn’t need to be included, and how to report it.
Tax implications where employers pay above approved mileage rates 4 Aug 2023 Tax - HMRC published new mileage rates but only for fuel rates for company car drivers reclaiming business mileage fuel costs from their employer.
VAT option to tax changes 3 Aug 2023 Tax - The typical situation where 'opt to tax' could be used is where a commercial property is purchased for renting.
Business Asset Disposal Relief & its limit 3 Aug 2023 Tax - Formerly known as Entrepreneurs’ Relief, BADR reduces the amount of capital gains tax that is payable where a person sells all or part of their business.
How to appeal a tax penalty 3 Aug 2023 Tax - Around 30% of tax penalties issued by HMRC are successfully appealed.
How to contact HMRC when their phone lines aren’t available 3 Aug 2023 Tax, Tech, Trends - This comes as part of Making Tax Digital progress.
Advantages & disadvantages of LLP 14 Jul 2023 Tax - LLP allows a partnership structure where each partner’s liabilities are limited to the amount they invest in the business.
Differences between EMI and Unapproved Share Option schemes 14 Jul 2023 Employment, Tax - In this blog, we will be looking at the differences between EMI and Unapproved Share Option schemes and help you decide which one suits your company more.