Blog

When buying a commercial building, the price may include VAT if the vendor has opted to tax the property. If the buyer is VAT registered…

Eight new Freeports were announced earlier this year, with each offering operators within the sites a number of tax incentives. The sites are: East Midlands…

A qualifying furnished holiday let (FHL) enjoys a number of favourable tax breaks – including business asset disposal relief, and the ability to claim capital…

Having completed my AAT with the Goole team, I moved to our York office and began studying ATT, a tax specific qualification. In early 2021,…

Rumours of an imminent rise in NI rates started to circulate at the beginning of September, and were confirmed on 7 September with the publication…

I joined Townends in 2018 in the Pontefract office after graduating from Newcastle University with a degree in Accounting and Finance. I am now located…

In most cases, it doesn’t make sense to simply give away money to save tax during a person’s lifetime. For example, a higher rate taxpayer…

The self-assessment system includes the right for HMRC to make enquiries to ensure the correct amount of tax is collected. However, these rights and the…

Covid-19 September is the final month of the furlough scheme, subject to any last-minute extension. Employers will need to top up the government’s contribution, which…