2020/21 saw the second biggest inheritance tax take ever and projections suggest it will bring in more and more. How can you reduce your inheritance tax bill?
Capital gains tax receipts are on the rise, reaching a new record level for the last tax year according to the latest HMRC statistics. Should you be worried?
The company car is one of the most convenient benefits you can offer, and business owners can deduct some, or in some cases all of the cost before tax.
Making Tax Digital is marching on, with new developments planned for VAT reporting, income tax and eventually corporation tax. Here’s how you can prepare.
Recordkeeping is the bane of the business owner, but our five tips will turn the tedium into something effortless
After a year of disruption, the Government has set out its plans to ‘build back better’. A big part of that is about rebuilding in a very literal sense, by investing in infrastructure and the construction industry. In its policy paper published alongside the Spring...
From exemptions and allowances to the ownership of your assets, our tax expert covers all you need to know about minimising your capital gains tax liability.
With Bitcoin receiving a shot in the arm from Tesla’s announcement, the price has reached record highs. How is cryptocurrency taxed?
HMRC’s supercomputer Connect spots tax anomalies for Businesses and Individuals alike. Find out more about how it works to close the tax gap.
In our second Questions on Wednesday, we look towards the last two months of the tax year and some things to consider to keep your taxes low.
In our first questions on Wednesday, we talk about how to pay your self assessment, what is a “K” code and how to change your company name.
Taxpayers today, six days from the deadline, were given a month grace by HMRC with no late filing penalties to be issued until the 28th of February.