Knowledge

Many entrepreneurs have shareholdings in more than one business. Or they may own a trading business but also have investments – in property perhaps – held in another company. A…

Against such a background of uncertainty it’s completely understandable that capital investment in business assets could be taking a back seat. But there are a number of reasons why now…

The last consultation was led by the Office for Taxation Simplification, and resulted in the introduction of Structures and Buildings Allowances – widely criticised as one of the most (ironically)…

With sky high inflation rates, rising costs and interest rates and stellar energy bills, not to mention tax increases and the freezing of allowances which research[1] predicts will bring over…

Whilst there have been changes to the schemes over the years (we all know HMRC like to keep us on our toes!) it is great that the Treasury Committee has…

By way of background, the ‘IR35’ rules were introduced in 2000 to prevent self-employed workers avoiding PAYE and Class 1 National Insurance (NIC) by working through a personal service company…

On the table, there sits a rose Through every window A little light flows Books of feeling on the shelf above Cause it was built for love There is a…

If a prompt is received from HMRC suggesting that a furlough claim may be incorrect, details of where to make a disclosure should be included on the correspondence. Alternatively, HMRC’s…

The Automatic Overseas Tests whereupon an individual will be automatically non-UK resident if they meet the criteria of any of the three tests The Automatic UK Tests under which an…