The rules for individuals providing services to certain private sector organisations via an intermediary such as a personal service company (PSC) changed from 6 April 2021. The new rules mean […]
The deadline for submitting the 2020-21 forms P11D, P11D(b) and P9D is 6 July 2021. Employees must also be provided with a copy of the information
The lifetime allowance is the maximum amount of pension and/or lump sum that benefits from tax relief. The lifetime allowance is currently set at £1,073,100. The annual allowance for tax […]
Historically, the term bed and breakfasting (sale and repurchase) of shares referred to transactions where shares were sold and then bought back the
The cash basis scheme helps sole traders and other unincorporated businesses benefit from a simpler way of managing their financial affairs. Landlords can use the cash basis when recording income and […]
There are special rules that must be followed when you sell an asset on which capital allowances have been claimed. Capital allowances is the term
Distance selling is the term used to describe supplies of delivered goods from one EU Member State to a customer in another member state who is not
HMRC’s employment status service can be used to help ascertain if a worker should be classified as employed or self-employed for tax purposes in both
