Tax Tips – News from HMRC – for Entrepreneurs & Individuals
Owning more than one limited company can have Corporation Tax consequences that are easy to miss. The associated company rules can reduce the profit thresholds at which Corporation Tax increases and may also bring quarterly instalment payments into play much
Selling through Deliveroo, Just Eat, Uber Eats and Amazon can make reaching customers easier, but the VAT position behind those sales is not always as straightforward as the money arriving in your bank account. Platform commissions, refunds, discounts, delivery charges
We have covered the dispute between Property118, Cotswold Barristers and HMRC throughout. The latest decision is an important victory for the promoters, but it does not settle whether the underlying tax planning works. The First-tier Tribunal has cancelled the Scheme
An Inheritance Tax bill can place an historic house, important landscape or valuable collection at risk of being sold or broken up. Conditional Exemption offers an alternative for certain nationally important assets. It can allow qualifying property to pass on
Setting up a holding company in Dubai can sound like an easy way to reduce UK tax. However, incorporating a business overseas does not automatically move its income outside the UK tax system. Where the owners, directors and decision makers
Many property investors and homeowners assume that building work is automatically subject to VAT at 20%, but this is not always the case. Certain conversions, renovations and disability adaptations may qualify for VAT at 5% or even 0%, meaning that

This page is not intended to constitute tax advice. The information provided in these documents are based on our understanding of current tax law; however, we do not represent or warrant the accuracy of the information contained herein, and any information provided may be incomplete or condensed. Furthermore, the suggestions contained within this document are for discussion purposes only and should not be relied on. You should seek formal tax advice before proceeding with any of the suggestions contained in these documents.
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