July 16, 2026
Married couples and civil partners are taxed separately for Capital Gains Tax (CGT), meaning each person has their own annual tax position. However, with careful planning, transferring assets between
- All
- Budget Summary
- Business
- Business Support
- Capital allowances
- Capital Gains Tax
- Construction Industry Scheme
- Corporate Governance & Regulation
- Corporation Tax
- Customs Duties
- Duties
- Employee Benefits
- Employment & Payroll
- Employment Law
- Excise duties
- General
- HMRC notices
- Income Tax
- Inheritance Tax
- Miscellaneous
- National Insurance
- Other duties
- Overseas Corporate tax issues
- Overseas personal tax issues
- Payroll
- Pension
- Personal
- Practice News
- Pubs and Hospitality
- Stamp Duty Land Tax
- Tax Diary
- Uncategorized
- Value Added Tax
July 16, 2026
If your business is VAT registered, you can usually reclaim VAT on many of the goods and services you buy for business purposes. However, many businesses fail to claim everything to which they are
July 16, 2026
Not every hobby becomes a taxable business, but it is important to be aware when this can happen. This can apply even if you are making some money from your hobby. HMRC looks at a range of factors to
July 16, 2026
Businesses must register for VAT if their taxable turnover exceeds the VAT registration threshold, or if they expect it to exceed the threshold in certain circumstances.
The VAT registration
July 14, 2026
If you run a pub, bar, restaurant, or are planning a one-off event, understanding temporary event notices (TENs) is essential. This guide explains who they’re for, when you need a TEN, and how to stay
July 13, 2026
Artificial intelligence (AI) is no longer just for large organisations. Many small businesses are now using affordable AI tools to reduce administration, improve customer service and free up valuable
July 13, 2026
Cyber-crime is no longer a problem faced only by large organisations. Small businesses are increasingly being targeted because criminals often assume they have fewer security measures in place. A
July 9, 2026
If you are self-employed, claiming all of your allowable business expenses can reduce your taxable profit and, in turn, the amount of Income Tax you pay. Allowable expenses are costs that are incurred
July 9, 2026
If you have invested in a new commercial building or carried out significant renovation work, you may have overlooked a valuable capital allowance. The Structures and Buildings Allowance (SBA)
July 9, 2026
If you are selling shares or other investments, you may incur Capital Gains Tax (CGT) on any profit, or 'gain', you make. You will need to work out your gain to determine if you need to pay tax, which
July 9, 2026
Most individuals can earn interest from their savings without incurring a tax liability thanks to a number of allowances available each tax year (from 6 April to 5 April). These include your Personal
July 9, 2026
Providing benefits and covering expenses for employees is a common part of running a business, but it is important to understand the tax implications. A benefit that appears simple or low value could