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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, cars and apparel.
August 4, 2022
Can I claim tax relief on my travel expenses?
HMRC’s announcement of the term 'business mileage' thus implied that you can claim a reduction on tax. How and when can you avail this benefit?
August 4, 2022
What is HMRC'S Make Tax Digital (MTD) Initiative?
HMRC announced that taxation is now digital, it shares a timetable and a set of criteria or enrolling its mission for enforcing digital taxation.
August 4, 2022
How can capital demergers be tax-efficient?
A refund upon a company’s splitting is a tax-efficient way of distinguishing corporate activities. Why is it a beneficial type of splitting?
August 3, 2022
What do I need to know about the new landlord government reform?
79% of landlords in the UK have expressed that they do not have any plans to either increase or decrease their buy-to-let portfolio anytime soon.
July 15, 2022
Are crypto investors liable for Capital Gains Tax (CGT)?
It seems that there’s a lack of awareness from crypto investors about their liability for Capital Gains Tax (CGT).
July 15, 2022
Can HMRC request information about my current or past employees?
HMRC can inquire about an employee who has worked for you in the past, know their hours of work, and days of leave throughout the employment period.
July 15, 2022
HMRC can investigate tax evaders outside the UK.
HMRC has contacted Puerto Rico authorities, as it commences its hunt for the various UK residents who have used the Euro Pacific Bank in order to evade UK taxes.
July 15, 2022