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HOLDOVER RELIEF TAX TRAP
Some small company owners bring in adult children to take over the day to day running of the business as they approach retirement. There are…
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VAT – CHARGED TOO MUCH
Suppose that a business has been paying its suppliers’ invoices for many years without really giving too much thought to the VAT being applied. The…
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LATEST NEWS ROUND UP
Late tax returns On 7 January, HMRC announced that there would be no automatic late filing penalties provided that tax returns are filed by midnight…
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LATEST NEWS ROUND UP
Capital Gains Tax Reform A number of suggested reforms to Capital Gains Tax have been accepted by the government. In May 2021, the Office of…
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