The Stamp Duty and Land Tax (SDLT) rules have become increasingly complex over the years. This often results in overpayment of the duty and the buyer could apply to claim refund from HMRC if they are [...]
If you are purchasing fuel in UK or paying mileage allowance to your employees for using their own vehicles for work purpose, you are entitled to claim VAT on mileage expenses. You can claim VAT as [...]
On 17th March 2020, due to the Covid-19 outbreak, the Government announced a last-minute delay to the extension of the off-payroll rules in private sector. The rules will now apply from [...]
A Self-assessment (SA) tax return is usually required if a taxpayer has other income apart from regular PAYE income. Find out if you need to file a tax return. Important Dates for [...]
If you are an employee and you spend certain business expenses yourself for performing your duties for business, that your employer does or does not reimburse, you might be able to get tax relief. [...]
Enterprise investment scheme (EIS) is a venture capital scheme designed for companies to raise money with the help of individual investors, for growth and development of the business. It offers [...]
In this article we look at whether you need to register and file for self assessment tax return. In a recent data published by HMRC around 47 million people have taxable income in the UK, out of [...]
Act Now! Non-UK Nationals Can Still Save Tax on UK-Owned Property Recent changes to UK tax rules will affect non-UK nationals who do not reside in the UK as well as foreign nationals living in the [...]
Claiming Back Expenses Incurred before Incorporation Expenses involved during incorporation of a business can be claimed back for up to seven years before the company started up providing that they [...]
Good-Bye to Entrepreneur’s Relief on the "Goodwill" of the business The knock-on effect of one of the latest anti-avoidance measures by government has kicked Entrepreneur’s Relief (ER) into the [...]