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Exception from VAT Registration: What Small Businesses Need to Know

If your small business or sole trader operation has turnover close to the VAT registration...

VAT – Entertainment provided to directors and partners of a business

When considering VAT on entertainment provided solely to directors or partners of a business it...

Are casual payments taxable?

Not all casual payments are tax-free; HMRC’s miscellaneous income rules may apply depending on the...

Two important 2025 self-assessment deadlines

Paper tax returns are due 31 October 2025, and new registrants must notify HMRC by...

Tax-free income from letting a room in your home

Homeowners can earn up to £7,500 tax-free under the rent-a-room scheme, with simple reporting and...

Sharing income from jointly held property

The standard tax treatment for couples living together, whether married or in a civil partnership...

What is the recent £150bn tech investment deal?

During the State Visit by President Trump, the UK secured a record-breaking £150 billion of...

Choosing the right way to buy a vehicle for your business

For many business owners, a vehicle is an essential tool. Whether it is for visiting...

Dividend taxes will they increase?

Speculation is growing that dividend tax rates and allowances may change in the upcoming Budget...