What is Capital Gain Tax?
Capital Gains Tax (CGT) is the tax a person has to pay on the gains/profit earned when an asset has been sold/disposed. When You Need to Pay Capital Gain Tax? CGT is only paid when the overall [...]
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Travel and Subsistence Changes
What is travel and subsistence? The cost that is incurred during your official or business travel and also includes accommodation and food during the time is travel and subsistence costs. [...]
Key Tax Issues for Setting up Business in the UK
Tax Issues for Start-up For organisations planning to set-up a business in the United Kingdom, the key tax issues might encompass: Corporation tax compliance Employment taxes Value added [...]
VAT Capital Goods Scheme
What is VAT Capital Goods Scheme? The Value Added Tax (VAT) capital goods scheme has an impact on input tax retrieval with regards to high net worth capital assets. The scheme intends to focus on [...]
Capital Allowance for New Structures and Buildings
About Structures and Buildings Allowance (SBA) The United Kingdom Chancellor, David Lidington, on 29 October 2018 announced the introduction of a new capital allowance for buildings and [...]
The Proposed Changes in Public Sector IR35 Rules
Although long-pending, in the United Kingdom, HM Revenue & Customs (HMRC) has warned businesses to avoid any kind of stay in the preparation for changes to the off-payroll working rules. What is [...]
Employment Intermediaries Reporting
If you have any requirements in intermediaries reporting then we can be of great help with the reporting. As have been seen in several cases, the UK legislation wants recruitment agencies to report [...]
Find The Documents To Complete Tax Return
About Tax Return Many United Kingdom citizens might feel jammed when trying to work towards defining the parameters or preparing a checklist to fill their tax return. For a layman, it is [...]
Pensions Act 2014
The United Kingdom government through its Pension Act has encouraged working people to make some very important requirement for their retirement stage. Retirement years for maximum people are as long [...]
Tax Treatment of Low Emission Vehicles
Low Emission Vehicles Tax Benefits in the UK The United Kingdom government, including both central government and local government, aims to inspire the citizens of the United Kingdom to focus on the [...]