News
We regularly write articles and posts about legislation, Government initiatives, financial news, updates, issues, solutions and opinion pieces.
Selling Plant and Machinery: Don’t Forget the Capital Gains Position
When a business sells a piece of plant or machinery, the immediate focus is usually on the capital allowances…
Can a Lifetime Mortgage Reduce Inheritance Tax?
For many individuals, their home is their most valuable asset. As property values have increased…
Form 17, Declarations of Trust and Property Income: A Guide for Married Couples
Many married couples and civil partners own rental properties together…
Pension Drawdown and Retirement Options: Understanding Your Choices in 2026
Reaching retirement is one of the most significant financial milestones in life. Modern pension rules provide…
Capital Allowances: Buildings, Structures, Integral Features and Fixtures
One of the key challenges when claiming capital allowances is determining whether qualifying expenditure relates to…
FRS 102 Lease Accounting Changes: What Businesses Need to Know
Significant revisions to Financial Reporting Standard 102 (FRS 102) are set to transform lease accounting…
Annual Investment Allowance
The Annual Investment Allowance (AIA) is a valuable relief for businesses investing in plant and machinery…
Long-Life Assets for Capital Allowances
When businesses invest in plant and machinery, one of the key considerations for tax relief…
UK Corporate Dividend Exemption: Why the Detail Matters
The UK corporation tax treatment of dividends is often assumed to be…
VAT Group Registration: Streamlining VAT for Related Companies and LLPs
Are you part of a group of related companies or limited liability partnerships…
UK Corporation Tax Group Relief: A Practical Guide
Group relief is one of the most important corporation tax reliefs available to UK corporate…
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…