Let Property Campaign
Let Property Campaign (LPC) is a nationwide campaign launched by HMRC targeting landlords who are earning rental income from residential properties situated, either in the UK or abroad but have [...]
Blog > Category > Business
How can HMRC find out about my rental income?
Rental income from residential and commercial properties is usually taxed annually by filing a self-assessment tax return/company accounts. Landlords are required by statute to declare their net [...]
Tips to reduce Corporation Tax
Companies try their best to reduce corporation tax bills most commonly by way of business expenses. We strongly advise our clients to adopt various strategies to reduce their corporation tax [...]
Starting a Successful Business in a Pandemic
Many people have made the transition to startup business entrepreneur following redundancy as a result of the pandemic. You might think that starting your own business is something you could [...]
The Marriage Allowance - Are you Eligible?
Are you eligible for the Marriage Allowance claim? If you’re married and not making the most of the tax efficiency of this scheme then it’s certainly something to consider. So what is [...]
Off-Payroll Changes are Coming - are you Ready?
If you’re a contractor, freelancer or agency, how prepared are you for the upcoming off-payroll IR35 changes? These changes are imminent, and are due to be rolled out from April 1st 2021. [...]
Advantages and Disadvantages of Transferring buy-to-let property to a limited company
After the introduction of section 24 of the Finance Act 2015 in April 2017, landlords can no longer deduct mortgage interest and other finance costs from their rental income before calculating [...]
Tips for people who started a business in Lockdown
Lockdown time offers an opportunity for people to rethink their goals and ambitions. It might have influenced you to decide on setting up your business in this right time when we have just come [...]
What is Payment on Account and is it necessary for you to pay it?
One of the initial benefits you can avail after starting your work as a sole trader is that you don’t have to pay tax as the money starts coming into your business – unlike the PAYE system in [...]
How to cope up with Redundancy?
Being made redundant is always gives you a feeling of shock, denial, worry, anger etc. which is more challenging to handle in this time of economic uncertainty where coronavirus pandemic has impacted [...]