For corporation tax purposes the loss-making accounting period must end between 1 April 2020 and 31 March 2022 to qualify for the three year carry back.

Under this new regime end user businesses will be required to determine whether that individual would have been treated as an employee or not if directly engaged.

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.