News

How bonuses are taxed

Bonuses are treated as taxable earnings, so both employers and employees need to understand how...

Reclaiming VAT on taxi and ride-hailing fares

Changes announced in the Autumn Budget have removed the use of a niche VAT scheme...

Cash flow resilience in uncertain trading conditions

Rising costs and economic uncertainty have made cash flow management more important than ever. While...

New legal duty for landlords under the renters’ rights act

Landlords must now comply with an important new legal requirement introduced under the Renters’ Rights...

Who pays Income Tax at Scottish rates?

The rules as to who pays Income Tax in Scotland is determined by whether an...

What is the Annual Investment Allowance?

The Annual Investment Allowance (AIA) is a valuable tax relief that allows businesses to deduct...

Filing your 2025-26 self-assessment tax return

The 2025-26 tax year ended on 5 April 2026, and attention now turns to filing...

When is CGT payable on gains during 2026-27

For most capital gains realised in the 2026-27 tax year, Capital Gains Tax (CGT) is...

Pay back private fuel costs and avoid tax charge

Employees who receive fuel from their employer for private use in a company car can...