The settlement legislation seeks to ensure that, where a settlor has retained an interest in property in a settlement, the ...

HMRC’s VAT Notice 709/3 entitled 'Hotels and holiday accommodation' explains how supplies by hotels and similar establishments such as motels, ...

The 'badges of trade' tests, whilst not conclusive, are used by HMRC to help determine whether an activity is a ...

If you have taxable income of less than £17,570 in 2023-24 tax year you will have no tax to pay ...

In general, there is no Capital Gains Tax (CGT) on a property which has been used as the main family ...

The majority of gifts made during a person's life, including gifting a home, are not subject to tax at the ...

The Chancellor of the Exchequer, Jeremy Hunt, has delivered his Autumn Statement to the House of Commons. The government continues ...

UK motorists will be protected at the pumps under tough new powers that will shine a light on any attempt ...

The government has announced £4.5 billion in funding for British manufacturing to increase investment in eight sectors across the UK ...

If you are having trouble paying your tax on time you may be eligible to receive support from HMRC. An ...

Gifts Hold-Over Relief is a tax relief that effectively defers Capital Gains Tax (CGT) that may arise on a relevant ...

The full expensing 100% first-year capital allowance for qualifying plant and machinery assets came into effect on 1 April 2023 ...

Taxpayers can usually claim tax relief for their private pension contributions. There is an annual allowance for tax relief on ...

The marriage allowance applies to married couples and those in a civil partnership where a spouse or civil partner does ...

The Cost of Living support package has been designed to help over 8 million households in receipt of mean tested ...

1 December 2023 - Due date for Corporation Tax payable for the year ended 28 February 2023. 19 December 2023 ...

If you focus your energy on sales, there is a chance that your efforts will produce losses. Which is why ...

When the end of a tax year passes, the 5 April 2024 for the current year, or the end of ...

HMRC’s internal manuals provide some useful information on the definition of a business repair. This is important because it is ...

There is a benefit-in-kind (BiK) trivial exemption that applies to small non-cash benefits like a bottle of wine, or a ...