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We have now seen the response of HMRC to representations made by accountants and other interested parties to their Making Tax Digital (MTD) agenda. A

People planning their retirement will be able to withdraw up to £1,500 from their pension pots tax-free to pay for financial advice, under recent plans

Buy-to-let property owners have been singled out in recent budgets for some quite draconian tax changes. One of the most pervasive starts 6 April 2017.

A reminder that from 6 April 2017 Lifetime ISAs are available as an alternative tax-free investment. The lifetime Individual Savings Account (ISA) is a longer

While we are members of the EU, it continues to be the case that there are no limits to the alcohol and cigarettes you can

Although HMRC refer to taxpayers as customers, and thereby suggest a degree of customer service, in the real world this rarely extends to offering “customers”

The title of this posting describes an important concept when considering claims for expenditure to reduce our tax bills. By and large, HMRC will accept

We have advised readers in previous postings that HMRC seem to be intent on digitising the upload of small business accounting data from April 2018.

HMRC have the following advice to offer: “You may be able to claim tax relief if you have to use your own money for travel

Costs that businesses incur to clean up after the recent storms, that affected the north and east coasts in particular, need to meet the usual

Directors have a responsibility to maintain, preserve and deliver up records that are adequate to explain the financial position of their company. If they fail

Business owners may be considering their options for investment in new equipment especially if their trading year end is March, as is often the case.

The end of January, self-assessment filing deadline, and the approaching tax year end seem to stimulate fraudulent activity focussing on tax issues. In particular, increasingly

1 February 2017 – Due date for corporation tax payable for the year ended 30 April 2016. 19 February 2017 – PAYE and NIC deductions

There are just two months left before the end of the 2016-17 tax year. Those tax payers who have income from business or property sources,