Knowledge Keep up to date with the latest in accounting amendments & requirements
Welcome to our Knowledge Base
Here you will find lots of useful information relating to HMRC guidelines and the latest in guidance.
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Further registration for Making Tax Digital
Making Tax Digital (MTD) for Income Tax is being rolled out in stages for sole traders and landlords who complete self-assessment returns. Liability to register depends on the level of
Who is liable to pay ATED?
The Annual Tax on Enveloped Dwellings (ATED) is a charge that applies to certain high-value residential properties held by non-natural persons (NNPs). It is designed to ensure that residential
Self-assessment tax penalties
If you are required to complete a self-assessment tax return, HMRC may charge penalties if you miss the deadline for making a filing or payment.
There are also penalties if you fail to register on
Can you claim R & D relief?
Research and Development (R&D) tax relief is designed to support companies that invest in innovation and seek to make advances in science or technology. The scheme offers businesses the ability to
When to consider voluntary National Insurance
Many people are unaware that gaps in their National Insurance (NI) record can affect their entitlement to the State Pension and certain state benefits. In some cases, it may be worthwhile to consider
Tax when selling overseas property
UK residents are generally liable to Capital Gains Tax (CGT) when they dispose of overseas property at a gain. A disposal includes selling, gifting, or otherwise transferring ownership of a property
Government Backing your Business programme
The government continues to place growing emphasis on supporting smaller businesses through its “Backing Your Business” programme, which is designed to encourage growth, investment and
Companies House ID verification
Major changes are continuing at Companies House as part of the government’s efforts to improve corporate transparency and tackle economic crime. One of the most significant developments is the