News
We regularly write articles and posts about legislation, Government initiatives, financial news, updates, issues, solutions and opinion pieces.
Understanding Class 1A and Class 1B National Insurance Contributions (Employers)
National Insurance contributions (NICs) are a vital consideration for employers…
Taxation of Interest Income in the UK
Interest earned on savings is a common form of income, yet many people are unsure how…
Taxation of Dividends
A dividend is a distribution of profits by a company to its shareholders…
Living Accommodation Provided by an Employer: Understanding the Tax Implications
Providing living accommodation to an employee can be a valuable part of a remuneration…
Season’s Greetings
We would like to wish all of our clients and associates a Happy Christmas and prosperous 2026…
Deferred Consideration and Capital Gains Tax
When selling an asset, understanding the date of disposal for capital gains tax (CGT) is…
PAYE Settlement Agreements: A Practical Guide for Employers
A PAYE Settlement Agreement (PSA) is a formal arrangement between an employer and…
Autumn Budget 2025 — Summary of Key Announcements
The Chancellor presented her Autumn Budget to Parliament on 26 November 2025, introducing…
Relevant Life Cover
For small businesses, providing life insurance for directors or employees can be…
The Hidden Tax Traps of Building a Home Office Through Your Company
It’s easy to see the appeal that many company directors working from home…
Understanding CT61 Requirements: A Guide for Companies
Companies are required to deduct basic rate income tax (currently 20%) at source and…
Corporate Tax Relief on Goodwill and Intangible Fixed Assets (IFAs)
Understanding the corporation tax treatment of goodwill and other customer-related…
Substantial Shareholdings Exemption (SSE)
The Substantial Shareholdings Exemption (SSE) is a key UK corporate tax relief that allows…
Capital Allowances for Structures and Buildings
The Structures and Buildings Allowance (SBA) provides tax relief for the construction…
High Income Child Benefit Charge (HICBC) — 2025 Guide for Parents
Child Benefit remains one of the most valuable family benefits in the UK, but if your…
Stamp Duty Land Tax Explained
Stamp Duty Land Tax (SDLT) is a tax on land transactions in England and Northern Ireland…
Disguised Employment Within LLPs
Members of a Limited Liability Partnership (LLP) are generally treated as self-employed…
Accounting Provisions and Tax
In business, there are often situations where future costs are likely, but the exact…
Corporation Tax Compliance
Corporation tax compliance is a key responsibility for every company by helping to ensure…
Corporation Tax Deductions for Share Schemes
Companies often reward employees with shares in the business, either by…
Employment-Related Securities (ERS) Reporting
If your business has issued shares, options, or other types of securities to employees or…
Change of Ownership and Corporate Taxable Losses
When a company changes hands, one of the key tax considerations is whether its historic…
Corporate Interest Restriction (CIR)
The Corporate Interest Restriction (CIR) rules, introduced in April 2017, place limits on…
Freezer and Growth Shares
Succession planning is a key concern for many families who wish to preserve and pass…
VAT Considerations When Converting Non-Residential Buildings into Dwellings
As demand for housing continues to rise, conversions of non-residential buildings into…
Associated Companies for Corporation Tax Purposes
The main rate of corporation tax in the UK is at 25%. A lower rate of 19% applies…
Non-Resident Landlords: Understanding the HMRC Scheme
To ensure rental income from UK property is taxed appropriately HMRC operates…
Family Investment LLPs: A Smart Vehicle for Managing Family Wealth
A Family Investment LLP (FILLP) is an increasingly popular structure for managing and preserving…
Corporation Tax Reliefs for UK Companies
With the introduction of the associated companies regime, many UK companies have found…
Changes to the Domicile and Non-Domicile Rules
Under the UK tax system, individuals who are not domiciled…