LATEST NEWS

Types of tax allowances for capital expenditure
Capital allowances enable businesses to claim tax relief on certain capital expenditures. Different rules apply to various types of capital
An overview of salary sacrifice arrangements
A salary sacrifice arrangement involves an agreement by an employee to lower their cash salary in exchange for non-cash benefits.
Tax changes for Furnished Holiday Lets property owners
The current tax benefits for the letting of properties as short-term holiday lets (known as Furnished Holiday Lets - FHL)
Limits on Income Tax reliefs
The limit on Income Tax reliefs has applied since 6 April 2013. This measure was the first time a limitation
How to claim a tax refund
If you believe you have overpaid tax to HMRC, you can typically claim a tax refund for the excess amount.
HMRC promotes its app
HMRC has been busy promoting the benefits of using its app. A new advertising campaign launched by HMRC is targeted
EV or diesel – for and against
When evaluating the annual running costs of electric vehicles (EVs) compared to diesel cars, several key factors come into play:
Bank of England eases base rate to 4.75%
The Bank of England's recent decision to reduce the base rate to 4.75% brings several potential benefits to various sectors
Tax Diary December 2024/January 2025
1 December 2024 - Due date for Corporation Tax payable for the year ended 28 February 2024. 19 December 2024
Changes to HICBC
It was announced as part of the Autumn Budget measures that the government will not now proceed with the reform
Help to Save scheme extended
As part of the recent Budget measures, it has been confirmed that the Help to Save scheme is to be
Changes to Agricultural and Business Property Relief
It was announced as part of the Budget measures that the government will reform these reliefs from 6 April 2026.