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The 2023-24 UK tax year has just ended and attention turns to preparing and filing Employment Related Securities Return ERS Form 42.

This is just as a quick reminder regarding a common VAT fraud which has been around since last year, but which appears to be on the rise again.

Property owners, property investors, or property landlords, what are your options for funding investment property? 

Recent changes to the compulsory turnover registration limits offer opportunities to small traders to either consider VAT registration or deregister for VAT.

Managing cashflow is critical for the survival and growth of your business. It involves planning, monitoring and controlling the money coming in and going out.

As we enter the new tax year personal tax planning has never been more important. Now more than ever it is important that you take a proactive approach to tax.

What is an associated company? A company is an associated company of another at any time when one of the two has control of the other or both are under the control of the same person.

Should I incorporate my business? If you are thinking of setting up a business, or if you already operate as a sole trader, you may be asking yourself this question.

Does your property company need to file an ATED Return? With the arrival of April comes that time of year when companies are reminded to think about ATED (Annual Tax on Enveloped Dwellings) returns.

Each year, following the March Budget we produce tax data for use in the tax year to follow, download our full tax data card here. 

Landlords letting furnished holiday lets (FHLs) benefit from tax advantages not available to landlords letting residential property on longer lets. In the Spring Budget the Chancellor announced that the FHLs tax regime will be abolished from 6 April 2025.

What is FRED 82?  What is changing? Is now the time to start preparing for the arrival of FRED 82?