VAT option to tax changes 3 Aug 2023 Tax - The typical situation where 'opt to tax' could be used is where a commercial property is purchased for renting.
Business Asset Disposal Relief & its limit 3 Aug 2023 Tax - Formerly known as Entrepreneurs’ Relief, BADR reduces the amount of capital gains tax that is payable where a person sells all or part of their business.
How to appeal a tax penalty 3 Aug 2023 Tax - Around 30% of tax penalties issued by HMRC are successfully appealed.
How to contact HMRC when their phone lines aren’t available 3 Aug 2023 Tax, Tech, Trends - This comes as part of Making Tax Digital progress.
Advantages & disadvantages of LLP 14 Jul 2023 Tax - LLP allows a partnership structure where each partner’s liabilities are limited to the amount they invest in the business.
Differences between EMI and Unapproved Share Option schemes 14 Jul 2023 Employment, Tax - In this blog, we will be looking at the differences between EMI and Unapproved Share Option schemes and help you decide which one suits your company more.
Is full-time office work making a comeback? 14 Jul 2023 Employment, Trends - Data shows that current employees and job seekers are strongly motivated by remote working options.
Patent Box and Nexus Fraction 10 Jul 2023 Tax - Nexus fraction represents the proportion of R&D expenditure directly linked to the patented invention.
Are you entitled to small business rate relief? 4 Jul 2023 Tax - If your property’s value is less than £15,000 and your business only uses one property, you may be entitled to small business rate relief.
Do you need to complete a tax return? 4 Jul 2023 Tax - For 2022/23 and earlier tax years, you are considered a higher earner if your income is more than £100,000.
Tax implications of termination payments 4 Jul 2023 Tax - To calculate the taxable amount, the amount of PEN needs to be calculated and compared with the RTA.
Basis period reform for Self-employed 4 Jul 2023 Tax - From April 2024, all these businesses will be taxed on profits for the tax year.