Earn £1,000 tax-free by renting out your driveway
It’s all about location, location, location in the world of real estate, so if you have a driveway or piece of land in a prime spot, you could earn some tax-free income by renting it out.
Read More
Q&A September 2019
Questions and answers from our September 2019 newsletter, including how staff social events are taxed and claiming tax back on costumes.
Read MoreBrexit and Trading with the EU
HMRC is helping VAT-registered companies prepare for Brexit on 31 October by automatically issuing them with an EORI number. Businesses will not be able to move goods in and out of the UK without one.
Read MoreHow to spot an HMRC scam email
As reports of impersonation fraud increase, HMRC have released guidance on how to spot a scam email and what to do if you receive a message purporting to be from HMRC.
Read MoreQ&A August 2019
Questions and answers from our August 2019 newsletter, including capital gains on antiques, flat rate scheme and company mobile phones.
Read MoreHow do I avoid a tax investigation?
Tax investigations can be lengthy and invasive for business owners and although it’s impossible to avoid being selected, there are a few things that might minimise the threat.
Read MoreStructures and Buildings Allowance Consultation 2019
HM Treasury and HMRC have recently published a summary and response document relating to the consultation on a new capital allowance for structures and buildings (SBA) which allows businesses that invest in new builds or renovations on or after 29 October 2018 to claim tax relief at 2% a year on eligible costs.
Read MoreTax relief on pension contributions
Pensions are a particularly tax-efficient form of savings since nearly everyone is entitled to receive relief on contributions up to an annual maximum regardless of whether they pay tax or not.
Read MoreTax-free childcare – don’t miss out!
HMRC are currently running a campaign to remind people that they could get up to £2,000 per child, per year, towards childcare costs.
Read More
