What you need to consider when starting up a business
With a new year upon us, you may be considering a new start by setting up your own business.
Large number of over 65s file Self Assessment tax return
The 2021 to 2022 tax year saw a considerable amount of people aged 65 and over filing a tax return.
Companies House goes fully digital
Companies House has gone fully digital after the announcement of the closure of its office in London and all filing being transferred online.
HMRC penalties alert as 5.7 million still to file tax returns
Taxpayers have been warned that they could face a penalty after HM Revenue and Customs (HMRC) said 5.7 million were still to file their Self-Assessment returns.
Thousands file tax returns on Christmas Day
More than 22,000 taxpayers went online over Christmas Eve, Christmas Day and Boxing Day to complete their Self-Assessment tax return.
Furnished Holiday Let Tax: What do you need to know?
A furnished holiday let (FHL) is a particular type of rental property classification in the UK.
The importance of cash flow for tourism businesses
With the busy Christmas period approaching, businesses operating in the hospitality and tourism sector will be dealing with increased demand.
The significance of ‘One To Many’ letters from HMRC
Letters have been sent out to individuals listed as ‘Persons of Significant Control’ (PSC), urging them to check and, where necessary, correct their tax returns.
Capital Gains Tax: What do you need to know?
Capital Gains Tax (CGT) is a tax applied on the profit you receive when disposing of an asset.
Avoiding obstacles with the Construction Industry Scheme
Under the Construction Industry Scheme (CIS), contractors take money from a subcontractor’s payments and send it to HM Revenue and Customs (HMRC).
