News

What are integral features?
The term capital allowances is used to describe the allowances available to businesses to secure tax relief for certain capital ...
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Buying an electric or low emission car
Businesses can claim a 100% first-year allowance (FYA) on the purchase of certain qualifying Plant and Machinery (P&M). In certain ...
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Gazumping may become a thing of the past
The Communities Secretary Sajid Javid has announced plans to make the process for buying a home'cheaper, faster and less stressful' ...
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First phase of employment tribunal fees refund scheme launched
The government has launched the first phase of its refund scheme for employment tribunal fees, following the Supreme Court's judgment ...
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Tax Diary November/December 2017
1 November 2017 - Due date for corporation tax due for the year ended 31 January 2017.19 November 2017 - ...
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Bereavement leave for parents who lose a child
The Parental Bereavement (Leave and Pay) Bill has been published by the government. Although the Bill is a Private Members’ ...
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What is a ‘K’ tax code?
The letters in an employee’s tax code signify their entitlement (or not) to the annual tax free personal allowance. The ...
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Inactive companies and Corporation Tax
There are a number of scenarios where HMRC would consider a company or organisation to be inactive for Corporation Tax ...
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HMRC to stop accepting personal credit cards
HMRC has confirmed that they will no longer accept payments with a personal credit card from 13 January 2018. This ...
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Overdrawn director’s loan account
An overdrawn director's loan account is created when a director (or other close family members) ‘borrows’ money from their company ...
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Non-residents selling UK home
A capital gains tax (CGT) charge on the sale of UK residential property by non-UK residents was introduced in April ...
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Is it a car or a van?
The First-Tier Tribunal recently heard three appeals that examined whether vehicles supplied to employees were vans or cars. The main ...
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