Spring Statement: hard choices for challenging times

March 24, 2022

Intended as more of an update, rather than a mini-Budget, the UK’s growing cost of living crisis, along with soaring […]

What is a ‘reasonable excuse’ for tax penalties?

March 23, 2022

Having a reasonable excuse can be a get-out-of-jail-free card if you are charged a tax penalty. However, there is no […]

Keeping it in the family – tax-saving salary strategies

March 15, 2022

An easy way to reduce a business’s tax bill – and also increase the amount of funds withdrawn from the […]

Electric Vehicles & Charging Points – Brief 2022/23 Tax Guide

March 10, 2022

Electric Cars (Zero Emission) There remains a significant advantage in buying an electric (zero emission) car through a limited company […]

Topping up a director’s personal pension with company profits: what’s the guidance?

February 15, 2022

If you’re a director and want to top up your personal pension funds with your company’s profits, what’s the deal […]

HMRC to get new powers of investigation

February 8, 2022

On 11 January, the latest version of the Finance Bill was published, confirming that HMRC will soon be able look […]

Can medical treatment be a work expense? Know the rules and exemptions before making a claim

January 25, 2022

Imagine the scenario: you need an operation on your back, and have decided to have it done privately. Until you’ve […]

Improving the tax efficiency of joint income

January 18, 2022

A useful tax-planning tool, in some situations, is when a married couple or civil partners split their joint income for […]

Changes to inheritance tax and capital gains tax on hold (for now)

January 18, 2022

It’s no secret that the UK government wants to bring the tax system up-to-date and simplify it too and, with […]

Do you have tax confusion over cryptoassets? You’re not the only one

January 4, 2022

According to current estimates, there are around two million people in the UK who hold cryptoassets. If you’re one of […]