Latest News
-
Losses on CT returns may be incorrect
Business TaxIf you receive a letter from HMRC about your corporation tax losses, don’t ignore it or you could end up overpaying. What’s going on?
-
Could specific gifts from will trust be undone?
Personal TaxThe First-tier Tribunal recently considered a case where the way a will trust was administered meant that the distribution of assets was significantly different to the deceased person's intentions. Could the transactions be recharacterised?
-
Workaround for botched HMRC student loan repayment calculations
Personal TaxHMRC systems cannot differentiate between certain types of income which could lead to an overpayment of student loan deductions. What’s the solution?
-
EIS and VCT extended for ten years
Personal TaxTwo popular investment incentives offering a number of tax breaks were due to expire in 2025. However, the government has announced that they will be extended. What's the full story?
-
Latest advisory fuel rates for company car drivers
Business Tax, Personal TaxThe amount that employees can be reimbursed for business travel in company cars changed from 1 September 2024. What are the new rates?
-
Unpaid tax from cryptocurrency transactions targeted
Personal TaxHMRC is writing to individuals who may need to pay tax on the disposal of cryptoassets such as Bitcoin. Why might tax be due and what should you do if you receive a letter?