Is it worth registering for VAT voluntarily?
You must register for VAT if your VAT taxable turnover for the last 12 months exceeded the VAT registration threshold…
Clear, practical guidance on UK tax for individuals, landlords and businesses, covering everyday obligations, planning opportunities and important deadlines.
Recent articles from this topic and all its specialist areas.
You must register for VAT if your VAT taxable turnover for the last 12 months exceeded the VAT registration threshold…
If you operate your business as a personal or family company, you will need to extract some or all of…
Tax changes in recent years to the way that unincorporated landlords are treated for tax purposes, particular in respect to…
On 23 September 2022, Kwasi Kwarteng, the new Chancellor (the fifth in as many years) delivered a Tax Cutting “Fiscal…
Inflation is at a ten-year high and the ensuing cost of living crisis means that many people may be struggling…
Although spouses and civil partners are taxed independently, there are some tax breaks available. One of these is the ability…
Employers must act as a tax collector for HMRC, deducting tax, National Insurance and, if applicable, student loan deductions, from…
If you use an agent to manage a let property, they may incur expenses, such as repairs and cleaning costs,…
The summer is a popular time for events and event parking is often limited. If you have a drive or…
There is usually a capital gains tax (CGT) charge when a chargeable asset is sold at a gain (subject to…
HMRC produce a number of toolkits which highlight common errors found in self-assessment tax returns. As the name suggests, the…
From a tax perspective, all lets are not equal, and the rules that apply to furnished holiday lettings are different…
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