Many couples may need to restart child benefit claims

The changes to the High Income Child Benefit Charge (HICBC) announced in the Spring Budget have now been incorporated into the latest […]

Cash accounting was introduced as a measure to make it simpler for small businesses to prepare their accounts for tax purposes. It […]

The method of taxing the profits of unincorporated businesses changed significantly in 2023/24 and will also change from 2024/25 onwards. This was […]

Making Tax Digital for income tax self-assessment is scheduled to commence in 2026/27 for sole traders and property landlords with gross income […]

As announced in the Spring Budget, the beneficial tax treatment of furnished holiday lettings (FHLs) will be abolished from 6 April 2025, […]

A recent case before the First Tier Tribunal will be of interest to businesses operating campsites and also farmers who have diversified […]

On top of the major changes to research and development (R&D) tax relief that took effect from 1 April 2023 there are […]

Date What’s Due 1/04 Corporation tax payment for year to 30/6/23 (unless quarterly instalments apply) 5/04 End of 2023/24 tax year. 2024/25 […]

It’s not too late to undertake some end of year tax planning. If you have some spare cash, an obvious tax planning […]

Those aged between 18 and 40 can set up a Lifetime ISA (Individual Savings Account) to buy their first home or save […]