Do deadlines matter for tax refunds?
Not all taxpayers owe money – sometimes they are due a repayment. This may be for a number of reasons, and the method by which
Capital expenditure and the cash basis
The cash basis is the default basis for preparing accounts for landlords with annual rental income of £150,000 or less who run unincorporated property businesses.
Should your company buy your bike?
Should your company buy your bike?Getting around a city by bus, car or taxi can be frustrating, with traffic congestion often making journeys slow and
Phoenix companies: HMRC’s tougher approach to contrived insolvencies
In November 2025, the government announced a joint strategy involving HMRC, the Insolvency Service and Companies House to crack down on what is termed ‘contrived
Side hustles, online selling and the trading allowance: What you need to know
Whether you sell unwanted items on eBay or Vinted, rent out a property on Airbnb, freelance through online platforms, drive for a delivery app, earn
Using your ISA allowance in 2026/27
Individual Savings Accounts (ISAs) are tax-free savings accounts. There are four different types of ISAs: Individuals must be at least 18 to invest in an
Taxation of company vans in 2026/27
Where an employee is provided with a company van that is available for private use, a tax charge may arise under the benefit-in-kind legislation. However,
Costs of working from home
When an employee works from home, they may incur additional costs, such as higher gas and electricity bills. The tax system offers some help where
Companies House Reforms Delayed Until 2028 – But Small Businesses Should Start Preparing Now
The government has confirmed that major Companies House filing reforms will proceed, but with an important concession for small businesses. While the changes were originally
The Employment Allowance – Can you claim it?
The Employment Allowance is a very valuable allowance which allows eligible employers to reduce their secondary Class 1 National Insurance bill by up to £10,500
Understanding your tax code
The tax code is fundamental to the operation of PAYE. It is made up of letters and numbers which take account of the allowances that
Reduction in Written Down Allowances on Equipment from April 2026
Where first-year allowances, such as the Annual Investment Allowance or full expensing, are not claimed in respect of capital expenditure on plant and machinery, or