LATEST NEWS

Trusts and Income Tax
A trust is an obligation that binds a trustee, an individual or a company to deal with the trust assets,
Do you need to pay tax when you sell your home?
In general, there is no Capital Gains Tax (CGT) when you sell your home. This applies to a property which
Current State Pension age
The second review of the State Pension age has been published by the Department for Work and Pensions. The State
Filling gaps in National Insurance record
National Insurance credits can help qualifying applicants to fill gaps in their National Insurance record. This can assist taxpayers to
Paying tax by direct debit
One of the many ways that payments can be made to HMRC is by using a direct debit. The direct
Cash flow v supplier credit limits
In a recent article we explained how granting lengthy credit limits to customers was as good as letting them keep
Back of an envelope
If you run a business and manage your planning by scribbling notes on the back of an envelope, you might
Loss of personal tax allowance
If you earn over £100,000 in any tax year your personal allowance is gradually reduced by £1 for every £2
Replacement of domestic items relief
The replacement of domestic items relief enables landlords to claim tax relief when they replace movable furniture, furnishings, household appliances
Tax free annual party
The cost of a staff party or other annual entertainment is generally allowed as a deduction for tax purposes. If
Self-Assessment scam warning
Fraudsters are continuing to target taxpayers with scam emails in advance of the deadline for the submission of Self-Assessment returns
Scottish council tax frozen
Humza Yousaf, Scotland's First Minister, has announced that council tax rates will be frozen in the next financial year to