Blog

HMRC's New Growth Support Service has been launched to help mid-sized businesses as they expand and grow. This is what their press release says: There are around 170,000 mid-sized businesses registered in the UK. Businesses... read more

If your employment requires that you obtain and maintain membership of a professional organisation, you can make a claim to set the cost against your taxable earnings for income tax purposes. As you would expect... read more

Property letting is getting more complex from a tax perspective and HMRC has recently published a list of popular misconceptions that taxpayers have about letting property. We have listed below a summary of situations where... read more

Tax enquiries are on the increase and HMRC's income from compliance enquiries  rose to record levels in 2016-17. The increase amounted to £2.3 billion so you can see how seriously HMRC are taking tax compliance! What can... read more

The new landlords interest restriction limits tax relief for finance costs on residential properties to the basic rate of Income Tax. This is being introduced gradually from 6 April 2017. Finance costs cover mortgage interest,... read more

Paying voluntary NICs (national insurance contributions) can make a difference to your entitlement to your state retirement pension and certain other state benefits. There are various reasons as to why gaps may arise in your... read more

HMRC have recently sent out notifications regarding tax on income and assets abroad. They want taxpayers to be aware that tax authorities  are sharing a range of data on financial accounts, and will be using... read more