HMRC have recently updated their guidance for companies looking to attract investors to buy shares in their company. If structured correctly, and if the company qualifies under the Enterprise Investment…

What is a HMRC Investigation?  Did you know that VAT officers can visit your business to inspect your VAT records? They do this to ensure you’re paying the right amount…

It doesn't exactly trip off the tongue, and, in fact, many freelancers have never even heard of the tax term IR35. But if you happen to be self-employed and working as a…

Charitable donations are a great way to reduce your tax bill, and UK businesses and individuals can get relief from their donations. This blog post will guide you on how…

Not all types of income are equal from a tax perspective, and savings income enjoys dedicated allowances, tax rates and reliefs which allow a taxpayer to enjoy some or all…

With cryptocurrencies and other crypto assets becoming more prevalent in the digital financial world, holders of crypto assets need to be aware of the tax implications, whether they are trading…

Whenever you’re working with VAT, it’s essential that you have a clear understanding of what partial exemption is. Failure to account for VAT properly can lead to penalties of up…

You must register your business for VAT if your VAT taxable turnover exceeds the registration threshold. This is currently £85,000. You must register if: at the end of any month,…