News

New patents service

25th May 2023

The Intellectual Property Office (IPO) is the official UK government body responsible for intellectual property (IP) rights including patents, designs, trade marks and copyright.

Transfer of Business as a Going Concern

25th May 2023

The transfer of a business as a going concern (TOGC) rules concern the VAT liability on the sale of a business. Normally the sale of the assets of a VAT registered or VAT

Residence affects Income Tax in UK

25th May 2023

There is an interesting anomaly that can affect taxpayers with homes in Scotland and other parts of the UK. Where this is the case, the question arises as to whether or not the

Clearance to secure exempt distribution status

25th May 2023

Most payments a company makes to its shareholders, in respect of their shares, will be qualifying distributions and may be subject to Income Tax.

If certain conditions are met,

Claim a tax refund for work expenses

25th May 2023

HMRC has issued a press release to remind employees that may be able to claim a claim tax relief for bills they pay that are related to their employment. The most recent figures

Gift aid tax benefits

25th May 2023

The gift aid scheme, which was originally introduced in 1990, allows charities to reclaim from HMRC the basic rate of Income Tax deducted from qualifying donations by UK taxpayers.

Action to contain cost of living pressures – groceries

24th May 2023

The Competition & Markets Authority has issued an update on the action it is taking to ease price rises in grocery bills. In their press release issued on 15 May 2023, the CMA

The importance of being interested

24th May 2023

Conversation takes a turn for the worse if you have an opinion that your client has no idea how to solve their problem(s) and all they need to do is listen to your solution.

And

Tax on public transport season tickets

18th May 2023

There are certain tax rules that it is important to be aware of where you pay for the public transport costs of your employees. The provision of public transport costs

Capital Gains during separation and divorce

18th May 2023

The Capital Gains Tax (CGT) rules that apply during separation and divorce changed for disposals that occur on or after 6 April 2023. These changes extended the period for