The start of the month saw a frenzy in the media and online about HMRC using new powers to target traders on sites such as Ebay. Within days, there were online postings by people saying it was unfair that they
Much Ado About Nothing
Personal Taxation
Setting up a Limited Company in the UK: A Wise Business Move?
When it comes to structuring your business, there are several options to consider – one of which is to establish yourself as a limited company. But, is this a wise business move? Ultimately, which structure you adopt depends on your
Probate property sales, shares and IHT impacted by registry delays
With the Probate Registry tackling a backlog of applications, probate property sales are suffering as a result of delays. In addition families are experiencing issues with payment of Inheritance Tax (IHT). Applications are taking anywhere between 16 and 26 weeks
Airbnb hosts face tax probe and penalties for undeclared income
HM Revenue & Customs (HMRC) are looking into the earnings of Airbnb hosts. Those not declaring their income correctly could face penalties and sanctions. This is part of routine activity to identify individuals not paying the correct amount of tax
Tax & business news: January round-up
As we find ourselves at the beginning of another new year, doing our best to pick up where we left off before the festivities, we thought a round-up of the most important tax and business news for January 2023 was
Tax advisers: Choosing the right one
Whether your tax affairs are straight-forward or complex, tax advisers can act and liaise with HM Revenue & Customs (HMRC), on your behalf. Doing your homework, however, when it comes to choosing the right one for you, is imperative. In
Company car tax comparison for employees
Company cars in the traditional sense have not always been the most tax efficient reward to offer a workforce. However, as part of its green agenda, the Government want to encourage the use of electric vehicles (EVs) and hybrid models,