Renovated homes that have been empty for two years can qualify for a reduced rate of VAT
Although a key VAT-saving measure for listed dwellings was abolished in October 2012, there are still circumstances in which aRead more.
Wages rise at the fastest rate in a decade
According to the Office for National Statistics (ONS), average wages in the UK are growing at their fastest rate sinceRead more.
HM Revenue & Customs has started carrying out PAYE tax investigations remotely
It has been reported that HM Revenue & Customs (HMRC) has begun carrying out PAYE investigations remotely. The investigation beginsRead more.
25,000 companies receive penalties for the late filing of accounts in just one month
The latest data from Companies House shows that thousands of penalties were handed out for the late filing of companyRead more.
Non-VAT-registered businesses need EORI number to trade with EU customers and suppliers post-Brexit
Any business that is VAT-registered and currently trades with the EU will have automatically been issued with an EORI numberRead more.
New figures show a sharp increase in Inheritance Tax (IHT) receipts
New figures published by HM Revenue & Customs (HMRC) have revealed a significant increase in the number and value ofRead more.
Overseas employees potentially face double NICs liability following a no-deal Brexit
Employees working overseas on secondment could face paying twice as much in National Insurance Contributions in the event of aRead more.
HMRC trialling self-assessment checks to help local authorities to recover council tax
HM Revenue & Customs (HMRC) has announced that it is entering into data-sharing arrangements with local authorities to help clampRead more.
Small employers risk losing the employment allowance in 2020
Plans to remove the employment allowance for large employers from April 2020 could impact on smaller firms. This allowance providesRead more.
IR35 in the private sector
Key considerations for contractors before April 2020. Large and medium-sized organisations have just six months left to prepare for changesRead more.
Property as an investment for landlords
With low-interest rates, property remains attractive. As the global financial crisis began to bite in 2008, central banks in severalRead more.
The numerous quirks and foibles of VAT
Insight into VAT’s barnacles of complexity. Are Jaffa Cakes biscuits or, as the name implies, cakes? This question is oneRead more.
Residence and domicile
How your status affects how much UK tax you pay. For most people living in the UK, the question ofRead more.
How to tell if an email is fraudulent
Email scams have become increasingly common, with fraudsters claiming to be from companies, banks and even HM Revenue & CustomsRead more.
Tax investigations reap in £13 billion for the treasury
The latest official data from HM Revenue & Customs (HMRC) shows that the actual cash collected from all tax investigationsRead more.
Half of all SMEs make VAT return mistakes
Half of all small-medium sized enterprises (SMEs) make errors when filing their VAT returns, according to the latest research. TheRead more.
Boots, Asda and Specsavers push back against business rates
Some of the UK’s top retail stores, including Asda and Boots, have joined the fight against spiraling business rates. ItRead more.