To buy or not to buy – Changes to Stamp Duty?

To buy or not to buy – Changes to Stamp Duty?

14 Jul 2020 | COVID-19, Tax tips

Last week, the Chancellor Rishi Sunak announced a range of changes to help stimulate the economy. One of the headline changes, related to Stamp Duty with a temporary overhaul to help boost the housing market. With immediate effect, buyers in England and Northern...
MTD phase 2 – End of HMRC’s “soft landing”

MTD phase 2 – End of HMRC’s “soft landing”

9 Mar 2020 | Tax tips

We are now a year in to the new MTD rules and with that, HMRC are ending their “soft landing” approach with a few changes coming into effect on 1 April 2020: – Detailed Digital Record-Keeping If you have been using bridging software to submit your returns but...
Do you use contractors? If so, be very afraid!

Do you use contractors? If so, be very afraid!

28 Feb 2020 | Tax tips

In the world of high-growth enterprises, particularly in the various technology sectors, there is a need for agile and flexible access to some reasonably abstruse skill-sets. This sort of need is often met by the use of contractors or consultants providing their...
Tax Tips on Christmas Parties and Gifts to Employees

Tax Tips on Christmas Parties and Gifts to Employees

4 Dec 2018 | Tax tips

A few tax tips on Christmas parties and gifts to employees Around this time of year, we are often asked what the tax implications are for office Christmas parties. There are two elements to this; firstly, is the cost an allowable expense for business tax purposes, and...

A few tax tips on Christmas parties and gifts to employees

15 Dec 2015 | Tax tips

Now that Christmas is almost upon us again, we thought it might be helpful to give a little reminder of the tax exemptions available on gifts and parties. Tax must always be paid on cash gifts and vouchers provided to your employees as Christmas presents, but certain...