Knowledge

From 1 April 2021, additional rates of SDLT will apply where the purchasers of residential property in England and Northern Ireland are not resident in the UK. It is not…

Prior to the legislation, workers were allowed to accept payments from clients through their own limited companies and account for it as revenue like any small company could. The wide…

For a UK company, debt is often seen as more flexible, as it is much easier than equity to repay once it is no longer needed in the business. Also, interest…

While new tax-paying trusts are already subject to time limits for registration under the Trusts Registration Service (TRS), under 5MLD, almost all non-tax paying trusts will also be required to…

Albert Einstein famously said,  “If you always do what you always did, you will always get what you always got”.  The world is evolving continuously; in terms of technology, politics, the climate,…

Tax treaties are bilateral agreements between two countries and are not themselves affected by Brexit.  In general, for relief under a double tax treaty (“DTT”) to be available the recipient…

The claim covered research and development activity undertaken across two accounting periods. One of the R&D projects concerned an attempt to devise a new product and process to prevent automobile…

In 2018, our client identified a gap in the market for a new “well-being” software application that would encourage and promote positive changes in a person’s health and wellbeing. Our…

As of today, you can now join the VAT deferral payment scheme If your business deferred paying VAT in the period from 20 March to 30 June 2020 and you…