Must Reads

Stay Updated with the Latest Financial News
Am I going to get taxed on the Metaverse? Would I get taxed for NFTs?
HMRC's principles-based approach in the manual has come as unexpected for many. ‍A large number of crypto investors had not anticipated that exchanging one crypto asset for another would be termed as a 'disposal' of the first. This would give rise to any inherent gain, thereby incurring a CGT charge.
August 17, 2022
Why nearly half of SMEs are cutting their business costs?
Do you own or operate an SME? Do you find the business struggling in a sea of financial challenges? Here's what SMEs are doing to overcome financial challenges.
August 17, 2022
How can I be tax-efficient as I share my income with my  partner before marriage?
There is indeed a way to become more tax-efficient with the help of your partner!
August 17, 2022
Do I need to register with HMRC before claiming R&D tax relief?
Restrictions to be applied to the research and development (R&D) tax credits regime to deliver relief requirements digitally and pre-register with HMRC irrespective of the expanse of the venture.
August 8, 2022
Are Directors' loans considered tax avoidance according to GAAR?
An elaborate string of transactions comprising pounds worth millions of director's loans among subsidiaries and the group holding organization were not utilized for tax evasion motives, GAAR Advisory Panel concludes.
August 8, 2022
Do I need to upgrade my payroll software?
 If you are an employer, then you would most probably know of the slated increment in the NI initial entry.‍The amount increases to £1,048 each month, from the 6th of July 2022. This implies that the payroll technology which you use has to be updated. 
August 5, 2022
Who is affected by the new governmental rental reform?
79% of landlords in the UK have expressed that they do not have any plans to either increase, nor decrease their buy-to-let portfolio, anytime soon. This is in line of the prospective governmental reformations of the private-owned rental domain. 
August 4, 2022
Can I salvage VAT on vehicles & apparel?
The First-tier Tribunal recently encountered a matter to do with a company's VAT plea related to the purchase of a customized number hoarding, two cars and apparel. Its judgement outlines the terms that must be successful for such demands to be valid. What did the judgement outline?
August 4, 2022