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

HMRC is consulting on a proposal that could change how many businesses pay their VAT and PAYE. The idea is to make Direct Debit the required payment method for most VAT registered businesses and employers. HMRC says this could reduce

When markets move, the tax position can matter just as much as the profit. A gain that looks attractive can feel very different once Capital Gains Tax has taken a bite out of it. There are, however, certain assets where

HMRC’s new CIS fraud powers should be a serious concern for contractors, subcontractors and anyone operating in the construction supply chain. Following April 2026, the risk is no longer limited to your own tax compliance. If you deal with a

HMRC enquiries do not always begin with a formal investigation. In many cases, the first contact is a nudge letter based on data already held by HMRC. These letters should not be dismissed as routine correspondence. Where HMRC writes to

Commercial property tax relief can be won or lost in a single paragraph. It might look like routine legal wording, but a Section 198 election can decide whether a buyer claims valuable capital allowances or walks away with nothing. For