Are you just starting out in business? Have you been in business for a while and wonder whether you should incorporate into a Limited company? One of the important initial decisions to make is [...]

If you are married or in a civil partnership you might be entitled to a tax break of £1,149 called the Marriage Allowance. This allowance is not available if you simply live together. The [...]

For most businesses, when your turnover exceeds a certain level you must register for VAT and charge VAT on all your sales. Certain businesses are exempt and therefore do not need to register. If [...]

The High Income Child Benefit Charge (HICBC) was introduced in January 2013. It relates to the clawback of child benefit for those with income in excess of £50,000 per year. Who does it apply to? [...]

This is our second blog about rental income. Here we consider the new restrictions for tax relief on mortgage interest. Click here to see our first blog. Interest relief from 6 April 2017 In the [...]

From 1 April 2017 HMRC introduced changes to the flat VAT rate scheme. The flat rate scheme was introduced to reduce the administrative burden of small businesses. Under the scheme the business [...]

This is our first of two blogs about rental income from residential lettings.  Our second blog will consider the tax relief restriction on mortgage interest which came into force from April 2017. [...]