With a large number of people expected to submit a Self-Assessment tax return for the 2022-23 tax year before the 31 January 2024 deadline, fraudsters will prey on customers by impersonating

The sale of shares is an exempt supply for VAT purposes, which means that input VAT on professional fees in connection with the

HMRC have recently clarified their view of the tax treatment of the reimbursement of electricity costs where employees charge their

HMRC have recently published Spotlight 63 which alerts taxpayers to a marketed tax avoidance scheme that claims to

Since April 2014 members of a LLP are no longer automatically treated as

In recent years many accountants have advised their director/shareholder clients that the most tax efficient method of

The amount of VAT a business pays or claims back from HM Revenue and Customs (HMRC) is usually the difference between the VAT charged by the business to

Recent Tribunal decisions in favour of employing companies and against HMRC has caused many organisations in similar circumstance to

In the weeks before any Budget or Autumn Statement there are always leaks and rumours. Normally, in the run up to a General Election there are also tax give

Taxpayers who are new to Self-Assessment for the 2022 to 2023 tax year may include

The Treasury has announced that the Office of Budget Responsibility (OBR) will produce a report on the state of the UK Economy in

From 1 April 2023 the rate of corporation tax that a company pays depends on the level of the company’s profits and

The Government’s Tax-Free Childcare Accounts provide a 25% subsidy towards the cost of childcare. The account can be used to pay

The table below sets out the HMRC advisory fuel rates from 1 September 2023

Currently, where an individual pension holder dies before age 75, drawdown pensions paid to a successor can generally be received

The government have issued draft legislation for consultation on the proposal to merge the two forms of

Parents and carers need to be aware that if either of the couple have ‘adjusted net income’ in excess of

Draft legislation released for consultation on 18 July indicates that business and individual taxpayers will be required to provide more