Having tenants who refuse to leave despite being given a valid Section 21 or Section 8 notice is a nightmare for a landlord and places...

When renting out a property it is usual to take a deposit from the tenant to cover the cost of any damage to the property by the tenant....

HM Treasury's recent 'Policy Costing Document' published to accompany 2024 Autumn Budget contained two sentences which appear to have...

Even the best laid plans are liable to change. The 'payback and clawback rules' for VAT reflect this reality. These rules only relate to...

Interest rates are coming down, but HMRC's official rate of interest (ORI) for employee loans has increased to 3.75% per annum (6 April...

The nature of buildings is such that it may be necessary to undertake significant repairs, such as the replacement of the roof, or even...

Currently, there is no limit on the amount of qualifying agricultural and business property that can benefit from the 100% rates of...

As the cost of living rises, you may consider letting a room in your home to bring in some much-needed additional income. This can be tax...

The tax code is fundamental to the operation of PAYE. An employee’s tax code provides the employer with the information needed to deduct...

There are various ways in which profits can be extracted from a personal or family company. A popular and tax-efficient extraction...

A VAT invoice is an invoice that contains information required by the VAT regulations. A VAT invoice can only be issued by a business...

The liability for self-employed earners to pay Class 2 National Insurance contributions was abolished with effect from 6 April 2024. Now...

From 6 April 2027, inheritance tax will be payable where someone’s estate at death includes unused pension funds or death benefits. The...

From 6 April 2025, furnished holiday lets are treated in the same way as other lets for tax purposes. Landlords letting both holiday...

Although the end of the tax regime for furnished holiday lettings relieved landlords of the need to keep track of the number of days for...

There is a demand for garage space, particularly from tradespeople who want somewhere to store their tools safely rather than leaving...

Employers have a duty to enrol eligible staff in a pension scheme. Staff are eligible if they are aged between 22 and state pension age...

In an ideal world, everyone’s estate would be distributed according to their wishes. However, where someone dies without making a will,...

The tax exemption for trivial benefits is a useful one as it allows employers to provide certain low-cost benefits to employees without...

It is easy to make mistakes when completing your VAT return. However, where mistakes are made, it is important to correct them. This is...