High Income Child Benefit Charge – are you liable?

High Income Child Benefit Charge – are you liable?

The High Income Child Benefit Charge (HICBC) appears to be hitting headlines again recently, and so we thought it a topic worth revisiting. The regime is coming under fire for failing to keep up with the times and effectively serve

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SMEs priorities shift as they look past pandemic

SMEs priorities shift as they look past pandemic

As some semblance of ‘normality’ begins to return post-pandemic, SMEs priorities are shifting in line with this. This is according to research conducted by the UK200 Group and its members, of which we are one, in April 2021. When surveyed

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Beware undisclosed property income!

Beware undisclosed property income!

Undisclosed property income has long been on HMRC’s radar and its data sharing system has made it easier to pursue those taxpayers at fault. Last month, Reuters reported on an investigation into the UK arm of Airbnb, conducted by HMRC,

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Home working and tax relief on expenses

Home working and tax relief on expenses

In recent years, home working has become increasingly popular. Since the Coronavirus outbreak, it has effectively become the norm for millions of people. If you ‘require’ your employees to work from home, they can – and have always been able to

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Charity income: Are you over reliant on one source?

charity income

A recent survey[1] of 200 charity leaders revealed that one third of organisations believed that they were too dependent on a single income stream and, given that the UK is experiencing a particularly volatile period at present, this is perhaps

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Small trading tax exemption increases

small trading exemption charity

On 5th April 2019, changes to the small trading exemption for charitable companies and CIOs came into effect. The same changes took effect for unincorporated charities on 1st April 2019. A charity is considered to be ‘trading’ if it sells

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7 things we think you should know as the ISA turns 20…

7 things we think you should know as the ISA turns 20…

The Individual Savings Account (ISA) was first introduced back in April 1999, meaning that this year marks its 20th anniversary. Online investment broker, Hargreaves Lansdown, estimates that approximately £8.7trn has been invested in the tax-free accounts during that time. ISA’s

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