Individuals who claim higher or additional rate relief for personal pension contributions through their tax code may now need to provide...

The rate of SDLT payable on the purchase of a property depends on whether it is a residential property or not, and if so, whether the...

Having tenants who refuse to leave despite being given a valid Section 21 or Section 8 notice is a nightmare for a landlord and places...

When renting out a property it is usual to take a deposit from the tenant to cover the cost of any damage to the property by the tenant....

From 6 April 2027, inheritance tax will be payable where someone’s estate at death includes unused pension funds or death benefits. The...

The liability for self-employed earners to pay Class 2 National Insurance contributions was abolished with effect from 6 April 2024. Now...

A VAT invoice is an invoice that contains information required by the VAT regulations. A VAT invoice can only be issued by a business...

There are various ways in which profits can be extracted from a personal or family company. A popular and tax-efficient extraction...

The tax code is fundamental to the operation of PAYE. An employee’s tax code provides the employer with the information needed to deduct...

As the cost of living rises, you may consider letting a room in your home to bring in some much-needed additional income. This can be tax...

Currently, there is no limit on the amount of qualifying agricultural and business property that can benefit from the 100% rates of...

The nature of buildings is such that it may be necessary to undertake significant repairs, such as the replacement of the roof, or even...

Interest rates are coming down, but HMRC's official rate of interest (ORI) for employee loans has increased to 3.75% per annum (6 April...

Even the best laid plans are liable to change. The 'payback and clawback rules' for VAT reflect this reality. These rules only relate to...

HM Treasury's recent 'Policy Costing Document' published to accompany 2024 Autumn Budget contained two sentences which appear to have...