In December 2018 HMRC published guidance on the taxation of cryptoassets. HMRC confirms that: Most investors will be subject to … Read More
A third of all energy generated in the UK last year was from renewable sources, according to climate research and news site … Read More
Claiming higher rate tax relief for charitable donations made. In your Self Assessment tax return, you normally only report things … Read More
When you start in business as a sole trader or in partnership your first accounting period starts on the day … Read More
HMRC lists 6 things you need to do when employing staff for the first time. Decide how much to pay … Read More
Although not particularly generous at £3,000 per donor per annum, if this annual IHT exemption is not used by 5 … Read More
From April 2016 rules were introduced to allow employers to provide their directors and employees with certain “trivial” benefits in … Read More
An individual makes their pension contributions out of their taxed and NIC’d income. Most individual pension contributions are made “net … Read More
Business magnate Richard Branson, founder of the Virgin Group, believes that employers should put their employees before their clients. “Clients … Read More
Good record keeping is vital, not just to ensure timely and accurate filing of tax returns but also in the … Read More