In 2013 the government announced a new tax break for working parents to help them pay for childcare. It will, at last, be available soon. But what is it worth and how can you take advantage of it?
Each year around one million self-assessment returns are submitted in the last week before the filing deadline of 31 January, and 750,000 or so miss it. With just days to go which steps can you take to ensure your return isn’t late?
The rules for benchmark subsistence rates changed in April 2016, and they can no longer be used in a salary sacrifice arrangement. What are the changes and is there still a way to use benchmark payments tax efficiently?
CAPITAL GAINS TAX
One of our subscribers sold shares in his company, some of which he acquired in the same tax year. HMRC’s guidance indicates the gain on the recently acquired shares won’t qualify for entrepreneurs’ relief (ER), but is it right?
The government has drafted new legislation to put a stop to directors and employees potentially being hit by disproportionate tax charges for using a company-owned asset. What’s the full story?
From 6 April 2017 the tax relief for loan interest and other finance expenses relating to let residential property will be restricted. How will this affect current and future losses from your buy-to-let property?
As a partially exempt business you’re required to review the VAT you’ve reclaimed over the previous twelve months and make an annual adjustment. What should you be looking out for to ensure you’ve maximised your claim?