Removing your home address from the public register

Since April 2018 company directors and other eligible people such as company secretaries, people with significant control (PSC) and LLP ...
Read More

What is a finance lease?

The definition of a finance lease can be difficult to pin down. In legal form a finance lease is just ...
Read More

Changes to VAT IT systems if no-deal Brexit

In a letter being sent to businesses across the country, HMRC has published the following information on the effect a ...
Read More

Present tax-free company benefits

The list of company benefits that can be provided tax-free to employees is quite short. However, some of the benefits ...
Read More

Keep abreast of Brexit news

As the Brexit date fast approaches, it seems the only thing we can say with any certainty is that uncertainty ...
Read More

Business record keeping for the self-employed

If you are self-employed as a sole trader or as a partner in a business partnership, then you must keep ...
Read More

Cash basis and capital expenditure

The cash basis scheme helps many sole traders and other unincorporated businesses benefit from a simpler way of managing their ...
Read More

2019 Spring Statement: employment implications

In the Spring Statement 2019, the Chancellor of the Exchequer has announced that the apprenticeship reforms set out in the ...
Read More

Full EU Settlement Scheme roll-out

The government has laid a Statement of Changes to the Immigration Rules implementing the full opening of the EU Settlement ...
Read More

Employee tax codes 2019-20

The P9X form is used to notify employers of the tax codes to use for employees. The basic Personal Allowance ...
Read More

Sale of income by an individual

A capital sum received by an individual in respect of the sale or relinquishment of income to be derived from ...
Read More

What are the badges of trade?

The 'badges of trade' tests, whilst not conclusive, are used by HMRC to help determine whether an activity is a ...
Read More

Treatment of deposits for VAT purposes

As a general rule, most deposits made by customers serve as advance payments and create a VAT tax point when ...
Read More

Lost your Unique Tax Reference number?

Your Unique Taxpayer Reference (UTR) identifies your tax records at HMRC. The number is also known as your taxpayer number ...
Read More

Topping up your self-employed NIC contributions

In many circumstances it can be beneficial to make voluntary Class 2 National Insurance Contributions (NICs) to increase your entitlement ...
Read More