News
Rules on directors’ tax returns are not as clear you might think
06 July 2017
According to the gov.uk guidance, a director must register for self-assessment (SA) and send a personal SA tax return to HM Revenue & Customs (HMRC) each year.
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Opposing HMRC penalties on grounds of ‘reasonable excuse’
06 July 2017
Recent reports have shed light on some of the most unusual cases where self-assessment taxpayers have managed to successfully appeal late filing and late payment penalties issued by HM Revenue & Customs (HMRC).
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I’m a non-resident landlord. Do I have to file a tax return in the UK?
05 July 2017
If you have lived abroad for six or months or more in a year, you are classed as a “non-resident landlord”, and the income you receive from renting out your home whilst abroad is taxable in the UK.
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Persons of Significant Control – changes to Companies House Reporting
05 July 2017
Last year saw a raft of changes come into effect at Companies House. Amongst the measures introduced was the requirement for companies to maintain a register of Persons of Significant Control (PSCs).
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Five ways to get more enjoyment from your money
05 July 2017
While most of us invest a lot of time and thought about how to improve our finances, we do not tend to spend quite as much time looking at how our finances can improve our lives. But research is showing that not all wealth is equal, with some spending having a greater impact on happiness than other spending.
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Receipts rise as Corporation Tax rates fall
12 June 2017
Corporation Tax receipts reached a record high in the 2016-17 financial year, with a total of £56 billion collected, a 21 per cent year-on-year increase. These record figures come despite the main rate of Corporation Tax falling from 30 per cent in 2008 to 19 per cent in 2017-18.
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Britain faces ‘a business support black hole’ post-Brexit, according to the FSB
11 June 2017
A new study from the Federation of Small Businesses (FSB) has indicated that the UK’s army of small firms will face a funding shortfall of around £3.6 billion by 2021 as a result of the UK’s withdrawal from the EU.
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Can you benefit from capital allowances on your business premises?
11 June 2017
If you own your own business premises, you may be entitled to claim capital allowances on some of the costs associated with the ‘intrinsic fabrication’ of the building.
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Can you benefit from capital allowances on your business premises?
11 June 2017
If you own your own business premises, you may be entitled to claim capital allowances on some of the costs associated with the ‘intrinsic fabrication’ of the building.
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The Inheritance Tax main residence additional nil-rate band
09 June 2017
A new additional nil-rate band of £100,000 for Inheritance Tax (IHT) on main residences, when bequeathed to a direct descendent, came into effect at the start of the new tax year in April 2017.
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Case Studies
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A taste for growth, a thirst for knowledge
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Child's play with proactive accounts management
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Smiles all round for dental practice
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A shared passion for architecture and a head for numbers
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Customer care is top of the list for packaging business
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A modern approach required for music moguls
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Sometimes a business does exactly as it says on the tin
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Cut above the rest in personal management style
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Taxing demands with old school charm