Blogs

HMRC Could Issue Tax Assessments That Go Back Six Years
Not too long ago, the First-tier Tribunal finally came to a verdict on an extensive disagreement over the legitimacy of tax assessments. What was the result?
Discover the tax cost of unlawful dividends!
Your organisation's records for its most recent financial year have been drafted and alongside the director shareholders and dividends, these have tax outcomes.
NI is being applied to online paid gratuities and tips.
This article covers the recently made guideline changes by HMRC for employers that have to deal with gratuities and tips and how tax and NI are applied on those earnings.
Why tax relief applicants could receive a letter from HMRC?
In 2020, the total limit for business asset disposal relief (BADR) was reduced from £10 million to £1 million. What’s that all about?
Court Denies Appeal for £855k VAT Repayment
Telent Technology Services Limited (TTSL) has been denied recovery of VAT worth £855,000 as HMRC’s strike-out application is deemed approved.
Are you selling a business worth £1 million or over?
How can you claim Business Asset Disposal Relief (BADR)? Find out of you are eligible for Business Asset Disposal Relief by reaching out to us.