News

We regularly write articles and posts about legislation, Government initiatives, financial news, updates, issues, solutions and opinion pieces.

The Company Secretary Role

While the Companies Act 2006 removed the obligation for private companies…

Timeline for the Changes to Companies House

The Economic Crime and Corporate Transparency Act (2023) is reforming…

Video Games Tax Relief for Corporation Tax

A company in the UK can claim Video Games Tax Relief (VGTR)…

Spring Statement 2025

The Chancellor presented her Spring Statement to Parliament on 26 March 2025…

Part-Exchange SDLT Relief for Property Traders

When a house-building company acquires a home from an individual who…

Video Games Expenditure Credits for Corporation Tax

From 1 January 2024, companies can claim Corporation Tax relief under the Video Games…

Film Tax Relief for Corporation Tax

Film tax relief is available in the UK for a film production company, provided…

Companies with Investment Business

An investment company is a business primarily involved in making…

Benefits of Updating the Articles of Association

There are still companies which were incorporated with statutory default…

Payment of Corporation Tax

The method of corporation tax payment depends on the size of the company…

Beneficiaries of Deceased Estates: Understanding Income Tax Implications

Income generated by an estate during the administration period — such as…

Audio Visual Expenditure Credits for Corporation Tax

If a company operates within the creative industries…

Annual Tax on Enveloped Dwellings (ATED)

The Annual Tax on Enveloped Dwellings (ATED) was introduced to combat…

Tax-Efficient Investments in the UK

In the UK, individuals are generally subject to income tax on all income earned…

Life Insurance and Tax Implications

There are generally two types of life insurance products: one that pays…

Close Company Tax Implications

A close company in the UK is a resident company controlled…

Pre-Owned Assets

Pre-owned asset rules were introduced to address inheritance tax…

Tax Relief on Donations to Charity

Individuals are eligible for tax relief when making donations to UK-registered…

Business Investment Relief

UK resident individuals are generally taxed on their worldwide income…

Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA)

MTD for ITSA requires sole traders and landlords with qualifying income to maintain…

Company Car Benefit: Understanding the Tax Implications

Employers often provide company cars and sometimes fuel for…

Trading Profit or Capital Gains: Understanding the Tax Implications

In the UK, the capital gains tax rate is currently 24%, while income tax can be as high…

Statutory Residency Rules

In the UK individuals who are considered residents for tax purposes are…

Trusts and Taxation Issues

In simple terms a trust arrangement exists whenever there is a separation between…