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
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
Brexit Support Fund available to SMEs
Having left the EU, a Brexit Support Fund has been set up to help SMEs overcome the new challenges associated with importing and exporting. Qualifying for the SME Brexit Support Fund In order to qualify for up to £2,000 of
Virtual Christmas party counts towards annual function exemption
Employers may be considering how they can celebrate the upcoming festive period, since a traditional office Christmas party is out of bounds. Moving merriments ‘online’ is one way to ensure that you can all still get together, safely. An online
Capital Gains Tax under review
Capital Gains Tax (CGT) often makes the headlines for the revenue it generates for HMRC. Receipts seem to reach new highs each year. CGT is levied on gains made from the disposal of assets, if the gain exceeds your annual
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,