News

Under standard VAT accounting, VAT is payable on sales whether or not the customer has paid and can lead to ...
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In the current tax year, anyone with taxable income of less than £17,500 will have no tax to pay on ...
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The Extra Statutory Concession (ESC) - C16 was a well-used extra-statutory concession that allowed company directors to treat final distributions ...
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The Annual Investment Allowance (AIA) allows for a 100% tax deduction on qualifying expenditure on plant and machinery to be ...
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The Brexit transition period is due to end on 31 December 2020 and this means that the process for exporting ...
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As we have reported previously, the UK government has confirmed that it will neither accept nor seek any extension to ...
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There are a number of reasons why you may decide to close your limited company. This could be because a ...
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The government has announced plans to allow customers to get cashback from shops without needing to make a purchase. At ...
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Unbelievably, it has been illegal to make phone calls or text while driving a car, but not illegal to play ...
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From 1 January 2021, UK businesses that export, import or transport goods to and from the EU will need to ...
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One of the measures announced by HMRC at the start of the coronavirus pandemic was the introduction of emergency measures ...
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There are special rules in place for taxpayers who gift land, property or certain shares to charity. This can include ...
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