Many parents who fell within the ambit of the High Income Child Benefit Charge (HICBC) opted not to receive child benefit, rather than to...

HMRC have a range of powers at their disposal to collect unpaid tax. If you are struggling to pay a tax bill, or know that you will not...

If you provide your services personally to an end client through your own limited company or other intermediary, you may fall within the...

Scammers are becoming increasingly adept at fooling people and a favoured tactic is a letter, a text or an email purporting to be from...

There are various reasons why a person may not have told HMRC about the tax that they owe, ranging from a simple oversight to the...

As ever, the answer to this question depends on what type of professional fees have been incurred. Professional fees are income and...

Anyone who invests in a company is taking a chance, hoping that the directors, as representatives of the company, will use the money to...

Despite the improving economy, bad debts are still a fact of life for many businesses. HMRC is aware that not all invoices are paid on...

Where a landlord makes a loss on their property rental business, the options for using that loss are limited. The rules depend on whether...

Landlords with furnished holiday lettings (FHLs) currently enjoy favourable tax advantages compared to those letting residential property...

It is usual for a landlord to require a deposit from a tenant as security against damage to the property. This cannot be more than five...

The remittance basis of tax is an optional tax treatment that allows individuals who are resident but not domiciled in the UK to pay tax...

No tax charge arises in respect of the provision of a nursery place for an employee’s child at a workplace nursery provided that the...

If it works correctly, the tax that is collected under PAYE will exactly match the tax that is due for the year. However, in practice,...

As outlined before the election, the new Government are to go ahead with their proposal to impose VAT on school fees. Legislation was...

If you are entitled to a refund of tax deducted from savings and investment income, you can claim the refund using form R40 if you do not...

For many businesses, initial set-up costs are low with just an internet connection, smartphone and a laptop. Invariably, funding for...

Many employees are required to wear a uniform or particular type of clothing whilst at work. Even where there is no set uniform, many...

Although suppliers such as mobile phone providers are VAT registered, a careful look at the invoices issued to customers shows the words...

Class 2 National Insurance contributions are flat rate contributions which for 2023/24 and earlier tax years are payable by the...