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Making a negligible value claim with HMRC

A negligible value claim lets taxpayers declare an asset worthless for tax purposes, realising a...

Essential Credit Control for SMEs

A well-structured credit control system is crucial for small businesses to maintain cash flow and...

Sources of funding for small businesses

Starting or growing a small business often requires capital, but securing the right funding can...

Tax relief for structures and buildings expenditure

Maximise your tax relief with the Structures and Buildings Allowances (SBA). If you have invested...

Treatment of post-cessation receipts and payments

When a trade ends, income doesn’t always stop. Post-cessation receipts can still arise, and knowing...

How far back can HMRC assess under-declared taxes?

From income tax to VAT, HMRC has specific time limits for issuing tax assessments. Depending...

UK residence and tax issues

The UK's shift to the Foreign Income and Gains (FIG) regime from April 2025 changes...

What’s included in your VAT return

With a £90,000 VAT registration threshold, many UK businesses might wonder whether to register voluntarily...

Tax-free redundancy payments

If redundancy strikes, you could receive up to £30,000 tax-free. Whether it’s statutory or a...