Understanding the numbers in your business is crucial to success and can help you make the best decisions for the future. Even if you are happy to leave the sums and analysis to your accountant, there are certain figures that can be really useful…

Understanding the numbers in your business is crucial to success and can help you make the best decisions for the future. Even if you are happy to leave the sums and analysis to your accountant, there are certain figures that can be really useful…
Notwithstanding any of the comments that follow, an individual is allowed to make tax-free capital gains of £11,700 during 2018-19. There are also a number of circumstances when a disposal does not create a taxable gain. These include: The sale of personal assets worth…
A new test is to be added to the qualifying criteria for rent-a-room relief from April 2019. The test will require that the individual or individuals in receipt of income – the home owner(s) – will need to share occupancy of the residence in…
In the recently published draft clauses that will form the basis of the Budget later this year, HMRC has outlined a significant change to the way they will be levying penalties for late filing breaches under the Making Tax Digital regulations. Rather than base…