After months of anticipation, the Government has finally issued a detailed VAT technical note and draft legislation, regarding the proposed changes to the VAT status of private schools. This significant update initiates a seven-week consultation period, allowing stakeholders to provide

Like the rest of the incoming government in the wake of Labour’s general election victory, new Lord Chancellor and Secretary of State for Justice, Shabana Mahmood, will have found an unenviably stacked in-tray awaiting her in Whitehall. One of the

Currently, CGT is levied on individuals when they sell an asset for more than its base cost, typically the price paid for the asset. For example, if a rental property purchased for £500,000 is sold for £1,000,000, the capital gain

It’s becoming increasingly clear that the UK’s travel and tourism industry is still tackling the fallout from decisions made by the previous government. The abolition of tax-free shopping for international visitors has left many in the sector feeling short-changed, and

The VAT landscape is notoriously complex, particularly for businesses operating in the health and wellbeing sectors. A recent case before the VAT Tribunal has brought attention to this complexity, focusing on a taxpayer who developed a hair loss replacement system.

With the general election officially scheduled for 4th July, it is evident that tax policies and the economy will be major focal points in the campaign. With the election date set, it is clear that the Chancellor has in fact

On the 20th February, the Government named and shamed 524 businesses for failing to pay the minimum wage to their staff. These failures amounted to a total of nearly £16 million that had not been paid to their workers. Each

Companies House have reviewed the fees they charge and have released details of the new charges that will apply from 1 May 2024. Companies House work on a cost recovery basis, so the fees are set to cover their costs

When starting a business, or indeed as an established business, choosing the most suitable legal structure for your business is an important thing to consider. Two popular options are operating as a sole trader or forming a limited company. Each

The Low Incomes Tax Reform Group has reassured those selling goods and services online that they won’t be subject to a new “side hustle tax”, despite information online suggesting otherwise. While there are new rules (as of 1 January 2024),

The announcement from the Home Office regarding the increase in liability for a civil penalty has undoubtedly been heard by all employers in the UK. It is certainly a hot topic in the temporary labour market.  The consequences of employing

Find a grant is a UK government service that allows businesses to search all UK government-funded grants. Businesses can use the website to browse or search for available grants, check if they are eligible, and find out how to apply

Action Fraud has received over 30 crime reports since June 2023 relating to remote access scams targeting businesses, with victims reporting losses totalling over £3.8 million. Based on analysis of crime reports by the National Fraud Intelligence Bureau, Action Fraud

The pilot scheme, set to launch in Liverpool before being rolled out to other major cities over the coming months, will see benefit claimants gain an industry recognised accreditation, endorsed by industry leaders including Greene King, Marriot Hotels, and ACC

British businesses will be able to access advice and support to reduce their energy bills while cutting their carbon emissions. The UK Business Climate Hub, launched in August, includes a free carbon calculator and a suite of new tools to help businesses

The Chancellor of the Exchequer, Jeremy Hunt, has confirmed that the Autumn Statement will be on 22 November 2023. The Autumn Statement can affect tax policy, benefits, and much more. The Chancellor will make his announcement to Parliament, setting out

In the realm of taxes, timing can be a game-changer, and HM Revenue and Customs (HMRC) is shining a spotlight on the advantages of early tax filing. As we navigate the 2022 to 2023 tax year, consider the perks that

It’s a special program that offers a fantastic opportunity for UK corporate borrowers to receive relief from double taxation on their loan interest payments to overseas corporate lenders. If you’re a company or have a head office located in a