Nudge letters from HMRC – have you received one?
Date posted: 22nd Jan 2024
HMRC believes that not everyone is paying the correct amount of tax, estimating what it terms as ‘the tax gap’ as being ‘4.8% of total theoretical tax liabilities,…
Date posted: 22nd Jan 2024
HMRC believes that not everyone is paying the correct amount of tax, estimating what it terms as ‘the tax gap’ as being ‘4.8% of total theoretical tax liabilities,…
Date posted: 22nd Jan 2024
A furnished holiday let (FHL) is simply a house, anywhere in the UK or EEA, let to short term holidaymakers. It does not need to be in a…
Date posted: 11th Dec 2023
As you may be aware, HMRC are changing the rules in respect of how sole traders and partnerships report profit from a tax perspective. This change will impact…
Date posted: 11th Dec 2023
In October 2023 one of the most significant pieces of company legislation in recent history, came into being. The aim of the Economic Crime and Corporate Transparency Act…
Date posted: 11th Dec 2023
Christmas is the time for giving – but watch you don’t give a gift to the taxman if you decide to give away an asset this Christmas (or…
Date posted: 11th Dec 2023
As we near the end of 2023, we thought it may be appropriate to re-cap some of the main tax changes for 2023. Our initial thoughts were to…
Date posted: 4th Dec 2023
By Lee Watson, tax partner In my 20+ years working in tax (I know, I don’t look old enough….) some of the most frequent questions I get asked…
Date posted: 4th Dec 2023
Clive Owen LLP, leading accountants and business advisers, with offices in Darlington, York, Durham, and Middlesbrough, is informing businesses to be mindful of potential tax implications associated with…
Date posted: 23rd Nov 2023
Autumn Statement 2023 On Wednesday 22nd November 2023, the Chancellor, Jeremy Hunt unveiled his Autumn Statement. If you have any questions regarding any of the announcements made in…
Date posted: 15th Nov 2023
HMRC have recently clarified their view of the tax treatment of the reimbursement of electricity costs where employees charge their electric company cars at home. HMRC now accepts…
