With 6 weeks to go until the end of the Tax Year, it is time to make the most of your tax allowances this year.

Under the new rules, supplies of standard or reduced-rated building services between VAT-registered businesses in the supply chain are no longer invoiced in the normal way.

The new rules will apply to partnerships, LLPs and larger charities as well as limited companies.

These are the suggested reimbursement rates for employees' private mileage using their company car from 1 March 2021.

Now that the UK has finally left the EU some taxpayers will start to see additional tax costs.

Those businesses will be required to consider whether or not the worker would be regarded as an employee if directly engaged and so deduct tax and national insurance from payments as if they were an employee.

The Office of Tax Simplification (OTS) have been asked by the Treasury to review both Inheritance Tax (IHT) and Capital Gains Tax (CGT)

What the Chancellor is more likely to do is abolish or restrict some of the generous tax reliefs that we have got used to taking advantage of.