Delay to MTD for VAT: What You Need to Know
In June, HMRC announced that certain entities would be granted a further deferral of the commencement date for MTD for…
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Should I Consider a Furnished Holiday Let?
The summer season is upon us – which, for many, means it’s time to take a well-earned holiday! Unsurprisingly, the…
Different Forms of Employment – and How They’re Taxed
February is here – which, for many, means breathing a big sigh of relief. The self-assessment tax return deadline of…
Another allegation of Tax Evasion
Jose Mourinho is the latest celeb to stand accused of financial impropriety. Mourinho has been issued with a tax bill…
Filing Your Tax Return: Ten Tips (Part One)
For many people, a new year entails making resolutions, starting new diets, and purchasing gym memberships. For others, however, it…
Filing a Return: Ten Tips (Part Two)
Contrary to popular opinion, it’s not only self-employed people who have to submit a tax return. If you were a…
What Is an SA302 – and Why Would I Need One?
An SA302 is a summary of the income that has been reported to HMRC. This is often necessary to verify…
Bookkeeping and Accounting – What’s the Difference?
In the financial world, the terms ‘accountant’, ‘bookkeeper’, and ‘tax adviser’ are often used interchangeably. However, though these are all…
Accountant vs. Tax Adviser: Which One Do I Need?
Both tax advisers and accountants have important roles to play in making sure that your finances are managed as efficiently…
Expat Tax: How to Claim Overseas Workday Relief
If you have arrived in the UK as a non-dom and are currently working for a UK employer but with…
Making Tax Digital: An Introduction
MTD – or Making Tax Digital – is a government initiative to improve efficiency for businesses and increase transparency around…
MTD: Pros and Cons
When reviewing recent updates connected to MTD, the proposition of the new system may seem like a problematic one. In…
Salary Sacrifice and Optional Remuneration Arrangements: A Guide
In April 2017, limitations to salary sacrifice agreements and a new arrangement known as ‘optional remuneration’ were introduced. It is…
Preparing for the Tax Year End: Ways to Save (Part Two)
The end of the tax year fast approaches – which means you have a short window to take advantage of…
Making Pension Contributions from a Limited Company
If you’re the owner of a limited company, you may be wondering how best to take advantage of potential tax…
The New Tax Year: Five Key Changes
For most UK taxpayers – whether you’re at the helm of a business or if you’re a PAYE employee –…
Preparing for the End of the Tax Year: Ways to Save (Part One)
Spring has hardly sprung, and so on one hand it feels as if 2018 has only just begun – yet…
Spring Statement 2018: What's Next for Entrepreneurs? (Part One)
Since the decision was taken to push the Budget back to autumn, we’ve come to expect the Spring Statement to…
Spring Statement 2018: What’s Next for Investors? (Part Two)
This blog is part of a series. Have you read ‘Spring Statement 2018: What’s Next for Entrepreneurs? (Part One)?’Building on…
Requirement to Correct: Are Your Affairs in Order?
If you are a UK resident with offshore interests, and you’re concerned that you may not have paid the right…
Tax Advice on TV: IBISS & Co Hit the Small Screen!
Most of us are used to seeing tax experts on television around the time of the annual Budget announcements; but…
Non-Residents Holding Commercial Property: CGT Extension
From April 2019, significant changes will be made to the taxation of UK real estate – meaning that if you…
Entertaining Staff and Clients: What Can You Claim?
If you thought the saying ‘there’s no such thing as a free lunch’ didn’t apply to the business world, think…
Business Property Relief: An Inheritance Tax Guide
A valuable tax relief for business owners, business property relief can reduce the amount of inheritance tax payable on transfers…