Brexit: Uk woman living in France cancels order due to £2,012 shipping fee
A woman hailing from the United Kingdom who currently lives in France was stunned by a mammoth shipping fee of…
UK – What are new changes to import VAT from January 2021?
If you are one of those businessmen who are active importers of goods from the UK, then you need to…
Post-Brexit: How the New Regulations will Affect Businesses and Customers?
Businesses in the UK face quite a challenge! They are forced to fill custom declaration forms for their products, both…
What is the new deadline for filing self-assessment returns in the UK?
The new deadline for filing self-assessment returns in the UK is Feb 28. In a major relief to filers, HM…
Can you pass on your estate to your nieces without being charged inheritance tax?
You are in your late 60s or 70s and have no child. So, you have decided to pass on your…
Expert Guide: 6 efficient ways to identify tax scam activities in the UK
As the deadline for submitting self-assessment tax returns nears, HM Revenue & Customs (HMRC) have noticed a drastic rise in…
HMRC warns self-assessment customers about rising scamming activities
Amidst rising tax-related fraudulent activities and scams, HMRC warns self-assessment customers about rising scamming activities. The criminal elements take advantage…
All You Need To Know About Changes in CGT Regime For Non-Resident Taxpayers
If you are a non-UK resident taxpayer and wondering whether or not you are required to pay CGT (Capital Gains…
All You Need To Know About Changes in the CGT Regime for UK Resident Taxpayers
If you are a UK resident taxpayer and you dispose of or sell your property, under new changes in regime…
CGT Return 30 Days Filing Deadline - Key Points To Remember
There are certain points that one should keep in mind while preparing CGT return, especially if this is your first…
Kickstart Work Scheme – Everything You Need To Know About Initiative
In a bid to minimise the impact of Covid-19 on the economy and to avert the looming threat of mass…
All You Need To Know About R&D Tax Relief
Looking out to claim R&D tax relief, read this absolute and updated guide to check your eligibility and R&D Tax…
Capital Gains Tax - Changes to Private Residence Relief and Lettings Relief
The government has introduced changes in Capital Gains Tax that have come into effect from the 6th of April-2020. In…
Power of Trustees Expanded for Inheritance Tax Planning
The High Court has expanded the Power of Trustees for Inheritance Tax Planning under expediency provisions illustrated in Section 57…
To set or not to set - All You Need To Know About Using Limited Company as Property Investor
In this article, you’ll learn the PROs and CONs of using a Limited Company as a property investor in regards…
Tax-free income and allowances - How to reduce your tax receipts legally?
In this article, you’ll learn about the threshold of tax-free income, and various tax reliefs and allowances that you’re legally…
Efficient Ways To Extract Dividends And Wages from Limited Company
If you have set up a limited company and are looking for the most tax-efficient ways to extract dividends and…
Transaction in Securities
Rules of Transactions in Securities falls under the category of anti-abuse rules. If applied, any gain or profit is charged…
Stamp Duty Land Tax (SDLT)
Some common misconceptions about the Stamp Duty land Tax (SDLT) SDLT is the tax that must be paid on purchase…
What kind of business are you setting up?
Deciding on what kind of business structure to utilise is the most significant choice to make while setting up your…
How to register yourself under the Construction Industry Scheme?
If you are self-employed in the construction industry, at that point you can decide to enroll with HM Revenue and…
Guidance for Employees Going to work
Guidance for Employees Going to work You should work from home unless it is impossible for you to do so.…
Frequently asked questions – Corona virus Job Retention Scheme
25 March 2020: the following is our understanding of this policy and how this will work based on the information…
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…