Happy new tax year!
Date posted: 26th Mar 2024
We now head into another new tax year (from 6 April 2024) and financial year (from 1 April 2024). With a new year, brings new changes to tax…
Date posted: 26th Mar 2024
We now head into another new tax year (from 6 April 2024) and financial year (from 1 April 2024). With a new year, brings new changes to tax…
Date posted: 26th Mar 2024
It was announced at the 2024 Budget that owners of furnished holiday lets (FHL’s) are likely to pay more taxes going forward. The rules for owners of FHL’s…
Date posted: 25th Mar 2024
By Tax Partner, Lee Watson As Easter approaches, a famous chocolate company used to ask “how do you eat yours?”, in reference to their chocolate…
Date posted: 25th Mar 2024
As we have mentioned in previous updates, we are anticipating that significantly more companies will be required to pay quarterly instalments of tax, due to the re-introduction of…
Date posted: 25th Mar 2024
IMPORTANT – Research and development – is now the time to notify HMRC?
Date posted: 8th Mar 2024
In a significant development aimed at streamlining financial reporting for businesses, HM Revenue & Customs (HMRC) has announced a new basis of accounting for sole traders and partnerships.
Date posted: 13th Feb 2024
Disclaimer: Further guidance on the tax treatment of double cab pickups has been provided, HMRC have reversed the decision to change the rules from 1 July 2024. You…
Date posted: 13th Feb 2024
WHEN IS A VAN NOT A VAN? HMRC are being urged to provide clarity and consistency on the tax treatment of commercial vehicles such as VW Kombi vans…
Date posted: 12th Feb 2024
We understand that HMRC have issued a number of “nudge” letters aimed at those that may be undeclaring dividend income. These are sometimes known as “One to Many”…
Date posted: 12th Feb 2024
We are increasingly hearing more and more about artificial intelligence (AI) and how its use can change our way of working both now and in the future. AI…