Latest Blogs

03/08/2023

Ten deductible expenses when letting out property

Landlords can deduct allowable expenses relating to their property business when calculating their taxable profit. This article gives details on some of the most common deductible expenses.  

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02/08/2023

Do we need to register for VAT?

If you make taxable supplies for VAT, you will need to register for VAT if your taxable supplies exceed or will exceed the VAT registration threshold. Find out in this article when you must register and how to register.  

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01/08/2023

Swapping your main residence for capital gains tax purposes

If a person or married couple or civil partners have more than one residence, they will need to decide which is their main residence for capital gains tax purposes. This article explains how to make and vary a nomination.  

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05/07/2023

Are you entitled to small business rate relief?

You may be entitled to small business rate relief if you only have one business property and it has a rateable value of less than £15,000. This article explains when the relief applies and how much you are entitled to.  

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04/07/2023

Do you need to complete a tax return?

From 2023/24, high earners within PAYE will not need to submit a tax return if their earnings are below £150,000 unless they have other income to report. Read this article to find out about the new threshold.  

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04/07/2023

Mixed-use properties and SDLT

Land and property comprising residential and non-residential use benefit from the mixed-use SDLT rates. Find out when these rates apply in this article.  

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02/06/2023

Business use of home – Beware the lower CGT annual exempt amount

Private residence relief does not apply to any part of your home used exclusively for business. Discover how the reduction in the capital gains tax annual exempt amount may trigger a capital gains tax bill on the sale of your home.

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01/06/2023

Giving away money free of IHT

The IHT legislation contains a number of exemptions which can be used to give away money free of IHT. Read our article to find out how to take advantage of the various exemptions.

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