News

Can you benefit from capital allowances on your business premises? - June 2017

If you own your own business premises, you may be entitled to claim capital allowances on some of the costs …

Britain faces ‘a business support black hole’ post-Brexit, according to the FSB - June 2017

A new study from the Federation of Small Businesses (FSB) has indicated that the UK’s army of small firms will …

Receipts rise as Corporation Tax rates fall - June 2017

Corporation Tax receipts reached a record high in the 2016-17 financial year, with a total of £56 billion collected, a …

The Big Squeeze – Pay and consumer spending to slow down - June 2017

With inflation hovering around 2.7 per cent, many businesses are facing a period of higher costs and reduced consumer spending …

Software that makes you WannaCry – The importance of cyber security - June 2017

Last month more than 200,000 computers in 150 countries were infected during the WannaCry ransomware attack, including the systems of …

The Inheritance Tax main residence additional nil-rate band - June 2017

A new additional nil-rate band of £100,000 for Inheritance Tax (IHT) on main residences, when bequeathed to a direct descendent, …

Could you benefit from Tax-Free Childcare? - May 2017

Last month saw a scheme which has the potential to offer major savings on childcare costs start to be phased …

HMRC goes “nuclear” in pursuit of unpaid taxes - May 2017

HM Revenue & Customs (HMRC) issued a record number of court orders to seize company assets in 2016, indicating that …

HMRC issuing hefty fines to eBay and Amazon traders who fail to pay tax - May 2017

Small-scale internet traders, including individuals and businesses who sell goods on websites such as eBay and Amazon, are being hit …

Online VAT fraud and error costing UK dear - May 2017

A report published by the National Audit Office (NAO) estimates that online VAT fraud and error cost the UK somewhere …