The high marginal tax rates created by phasing out the personal allowance are back in the news. ‘A million to pay 60% income tax within

With strikes and cancellations affecting trains, the underground and flights, employers need to decide how they are going to treat employees who cannot get into

The disposal of a private residence is exempt from capital gains tax (CGT) if used as a main residence throughout the period of ownership. A

No fault divorce became a reality in April. Although it brought no associated changes to the tax rules, divorcing couples should now be in a

The widening scope of Making Tax Digital (MTD) is highlighting several issues, including the limited availability of the MTD for income tax pilot scheme, and

Many individuals donate to charity simply for altruistic reasons, but this doesn’t mean the tax benefit should be ignored. With Gift Aid donations saving tax

The private sector off-payroll working rules have been in place since April 2021, but for the first 12 months businesses have benefitted from HMRC’s relaxed

Although showing a slight improvement from March, the number of company insolvencies in April of this year was more than double the number from April

HMRC has decommissioned its interactive PDF that businesses have been using to submit up to 150 P11Ds. For 2021/22, former users will instead have to

In late May, the Chancellor announced new measures to counter the rising cost of living, in particular energy prices. Source: Ofgem. Initial measures for 2022

Making Tax Digital (MTD) will become mandatory for the self-employed and landlords in 2024. Although there is no major news, a recent webinar co-hosted by

A downside to running a limited company is that financial information is publicly available. However, micro-entities and small companies do not have to file a