LATEST NEWS

Self-employed tax basis period reform
The self-employed tax basis period reform has changed the way trading income is allocated to tax years. Under the reforms,
New tips guidance published
New rules that stop employers from withholding tips from people working in the hospitality, leisure and services sectors are a
VAT boost to charitable donations
The government is looking to introduce a new relief that would provide a VAT boost to charitable donations. The new
Post Office Offences Bill to be extended
The Government has tabled amendments to expand the territorial extent of the Post Office Offences Bill. Convictions resulting from the
Free management course for SMEs
The government has launched the new Help to Grow: Management Essentials course; a short online course with practical tips and
Checking your National Insurance records
There is an online service available on HMRC to check your National Insurance Contributions (NIC) record online. The service is
Transferring unused nil rate band for IHT
The Inheritance Tax residence nil rate band (RNRB) is a transferable allowance for married couples and civil partners (per person)
Tax-free home sales
In general, there is no Capital Gains Tax (CGT) liability created when a property used as the main family residence
Bikes for employees
The Cycle to Work scheme allows employers to provide bicycles and cyclists’ safety equipment to employees as a tax-free benefit.
Do’s and don’ts for Standard Visitors to the UK
There is useful guidance published on GOV.UK that explains the do’s and don’ts for Standard Visitors to the UK. Visitors
Childcare Account chores
HMRC’s Childcare account can be used to claim free childcare (if eligible) or pay for Tax-Free Childcare. HMRC’s sign in
Smart energy
In a recent press release, the Department for Energy Security and Net Zero confirmed that consumers are set to benefit