Your client has a significant property portfolio which provides them with their sole source of income. They want to gift shares in some property to their daughter but retain the income. Can they do
this without triggering the reservation of benefit rules?
More
When clients buy, improve, extend or renovate a property costing £250,000 (excluding VAT) or more, they need to be aware of the capital goods scheme rules for the following ten years. What can you
advise them to avoid errors?
More
Bulk appeals service now available..Deadline. HMRC has made a new appeal process available to accountants and agents that should help following the first tax filing season in the wake of the
pandemic. HMRC did confirm that no automatic late filing penalties would be issued if your clients missed the 31 January 2021 deadline, as long as the...
More
New claim required for £6 per week exemption..Employees. Many people have been required to work from home during the coronavirus crisis. This has led to an increase in the number of people claiming
the £6 per week exemption for expenses paid by the employer to reimburse the additional costs of working from home, e.g. electricity gas, etc. Pro advice....
More
Since April 2020, clients have been required to pay any tax due on disposals of land or property within 30 days of completion. But can they defer the payment until later?
More
The long-delayed extension to the off-payroll working rules finally took effect from 6 April 2021. What are the crucial things that clients who provide services through an intermediary, or engage
workers that provide services in this way, need to know?
More
Budget 2021 announced a temporary extension to the carry back loss relief rules for both companies and unincorporated businesses. Why is the extension not as generous as it might first appear, and
which clients might be better not using it?
More
What is the default VAT position when your business buys a new commercial vehicle and are there alternative VAT treatments that you can take advantage of where it is second hand?
More
When a VAT group opts to tax a property it has more wide-ranging consequences than is normally the case, so what do you need to consider before making the election?
More
VAT costs incurred by a holding company on the acquisition of shares have always been restricted by HMRC - but how has a European case made things easier?
More
Filter results
You can always narrow/broaden your result by checking and unchecking resources and/or topics and keywords.