You must register for VAT if your taxable turnover exceeds £90,000 in any rolling 12-month period, or if you expect it to exceed £90,000 in the next 30 days alone.... read more →
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Running a company involves plenty of costs. Most reduce the profit on which you pay Corporation Tax, but the way you receive relief varies. Some costs are deducted in full,... read more →
Companies House identity verification is progressing, but the latest figures show that people with significant control (PSCs) are still behind directors when it comes to compliance. What a director, who... read more →
Misunderstanding the rules around lifetime gifts to individuals, known as potentially exempt transfers (PETs), can leave families facing an unexpected inheritance tax (IHT) bill. IHT thresholds have been frozen for... read more →
Almost three million Child Trust Funds (CTFs) have now either been claimed or transferred into an individual savings account (ISA). However, around 827,000 matured CTFs are still unclaimed, with an... read more →
If you’re a sole trader or landlord, you may have received a letter from HMRC about Making Tax Digital for Income Tax. You might already know it applies to you,... read more →
The gap in pension wealth between men and women remains significant, with women in their late 50s holding substantially less pension wealth on average. Here’s what is driving the gender... read more →
The government has proposed changes to the state pension triple lock from 2030, which could affect how quickly the state pension increases over the longer term. Here’s what is being... read more →
From 1 January 2027, employees will gain protection against unfair dismissal after six months of employment rather than two years. At the same time, the existing cap on compensatory awards... read more →
Company car numbers fell by 240,000 between 2015/16 and 2020/21, but have increased every year since. Much of this recovery has been driven by the favourable tax treatment available for... read more →
