New Corporation Tax Regime
Changes to the corporation tax regime come into effect from 1 April 2023 – the start of the financial year (FY) 2023. From that date
Accounting, Tax & Business Blogs
Explore expert accounting, tax, bookkeeping, and business advice from across the UK. Get practical tips, financial insights, and the latest updates to help you manage your finances and grow your business.
How to Avoid Capital Gains Tax on Gifted Property?
If you are the one who is interested in gifting your property to someone in the family, be it your relatives or your children. This
Is An Alphabet Share Structure Still Worthwhile?
In an alphabet share structure, each shareholder has a different class of share. For example, one shareholder may have A ordinary shares, another B ordinary
Claim The Employment Allowance For 2023/24
The Employment Allowance is an allowance that eligible employers can claim to set against their secondary (employer’s) Class 1 National Insurance liability. The employment allowance
How To Claim A Tax Refund
If you have paid too much tax, you will be able to get a refund from HMRC. The mechanics for obtaining your refund depending on
How to Avoid Capital Gains Tax on Second Home?
When you are involved in the business of buying and selling properties, you must be aware of the fact that you will have to deal
Can you Afford to Sell an Investment Property?
Property is generally a good investment, and where an investment property or second home has been held for many years, it may be worth considerably
The UK Royals Who Pay Their Taxes
There are no tax exemptions for any member other than some exceptions where HMRC grants leniency. So the question that arises here in your mind
The Dangers of Letting Friends Use the Holiday Let
Furnished holiday lettings have tax benefits that are not available to landlords of residential lets. However, to qualify as a holiday let, certain conditions must
MTD and Landlords – the New Timetable
Under the original plans, landlords with rental income (or combined rental and business income) of more than £10,000 would have needed to comply with Making
Tax Guide for Self Employed Hairdressers in the UK
This is imperative to get a detailed tax guide for self-employed hairdressers, this will help the most in the case of beginners. When you are
Should Rich People be Taxed for Being Rich?
According to the professional’s view, the government of the UK must charge tax obligations on the wealth of rich people just like the tax is
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