Useful dates for your tax diary as we move into 2022. These include: 1 December 2021 – Due date for Corporation Tax payable for the year ended 28 February 2021. […]
Domicile is a general legal concept which in basic terms is taken to mean the country where you permanently belong but actually determining domicile status can be complex. HMRC guidance […]
In general, VAT does not have to be accounted for on business gifts to the same person as long as the total cost of the gifts does not exceed £50 (before […]
Corporation Tax relief may be available when a company or organisation makes a trading loss. Companies that are eligible for group relief can transfer
Any assets or rights (but not liabilities) remaining in a company at the date of dissolution will pass to the Crown as ownerless property. This happens under what is known […]
In the Spring Budget earlier this year, the chancellor announced that eight Freeport locations would be created in England. The Freeports will be in the East Midlands Airport, Felixstowe and […]
There are a number of options open to taxpayers who disagree with a tax decision issued by HMRC. It is important to note that not all decisions by
New VAT rules for building contractors and sub-contractors came into effect on 1 March 2021. The new rules make the supply of most construction services between construction or building businesses […]
