The self-employed tax basis period reform has changed the way trading income is allocated to tax years. Under the reforms, the tax basis period has changed from a ‘current year basis’ to a ‘tax year basis’. This means that all sole... read more

There have been a number of significant changes to Companies House fees. These changes took effect on 1 May 2024. The last significant change in fees occurred in April 2016. The new fees have been calculated on a ‘cost recovery’ basis... read more

You must register an overseas company with Companies House if they want to set up a place of business in the UK. This would mean that the overseas company has a physical presence in the UK through which it carries... read more

If you are an employee who is working from home, you may be able to claim home working tax relief for part of your household bills that are related to your work. If your expenses or allowances are not paid... read more

You can usually claim tax relief on pension contributions worth up to 100% of your annual earnings, subject to the overriding limits. Tax relief is paid on pension contributions at your highest rate of income tax. This means that if you... read more

As well as filing accounts with Companies House, there is an important requirement to check that the information Companies House has about your company is correct every year. This is facilitated by the filing of an annual company confirmation statement.... read more

You may be able to have your tax coded out and collected via your tax code when you are in employment or in receipt of a company pension. Instead of paying off debts in a lump sum, money is collected... read more