Selling personal possessions and capital gains tax
There are a number of personal assets that you can sell without a risk that you are creating a CGT liability. They include: your car
There are a number of personal assets that you can sell without a risk that you are creating a CGT liability. They include: your car
From March 2015 (subject to Parliamentary approval), the Child Maintenance Service and Child Support Agency (CSA) will begin sharing certain information about the payment records
There are precious few opportunities to make an arrangement after the end of a tax year, and carry the benefit back to impact tax liabilities
There is much evidence that dubious characters can masquerade as bona fide business people by calling themselves directors and wrapping themselves in the cloak of
If you let a room or rooms in your main home you will not pay any tax on rents received as long as the gross
1 November 2014 – Due date for Corporation Tax due for the year ended 31 January 2014. 19 November 2014 – PAYE and NIC deductions
If you are involved in planning the staff Christmas party for your firm don’t forget to consider the Income Tax and VAT consequences. Here’s a
The Government has announced changes that should standardise, and in most cases reduce, the charges made to administer funds on behalf of contributors. Draft regulations
HM Revenue and Customs has sent notices to tax avoidance scheme users to pay over £250 million of disputed tax under the Accelerated Payments
There can be savings, particularly for employers, if a worker can be paid as a self-employed person. This is particularly so in the construction industry
Paid annual leave is a legal right that an employer must provide. Almost all workers are legally entitled to 5.6 weeks’ paid holiday per year
Apart from the retail trade and internet traders most of us send an invoice when we provide our goods or services to customers and then
If you have been trading for some time before you register your business for VAT don’t forget to consider your option to reclaim VAT on
The government has announced a clamp-down on the decade-long use of ‘hybrid mismatches’, a technique commonly used by multinational companies to significantly reduce their tax
If any of your Construction Industry (CIS) returns are filed one day late, HMRC will charge an initial fixed penalty of £100. Additionally, if they