Taxpayers have a fundamental right to reclaim input tax, also referred to as input VAT. However, HMRC has the authority … Continue reading How to protect your business from Kittel VAT risks

Capital allowances are a great way to reduce your tax liabilities by claiming deductions on certain property-related expenses. They allow … Continue reading Capital allowances for property owners explained

Labour shortages, particularly in the hospitality sector, are creating significant challenges for many businesses this year. Managing your costs while … Continue reading Financial strategies for businesses facing labour shortages

When you’re self-employed, keeping track of essential dates and deadlines can be challenging. One crucial date to remember is 5 … Continue reading Reminder – The deadline to register for Self-Assessment is approaching

The furnished holiday lettings (FHL) tax regime is set to be scrapped from April 2025, with draft legislation already on … Continue reading Repeal of furnished holiday lettings tax regime – Last chance for capital allowance claims

While we’ve made meaningful progress in the global energy transition, the pace is still too slow. The charity Accounting for … Continue reading Why your business needs to prioritise sustainable practices now