Our offshore contractors typically don't charge us vat as per HMRC notice 741a section 6 that states that it is exempt on the basis of land (as rig ...

The accounting industry is evolving rapidly, with artificial intelligence (AI), digital transformation, and new client expectations reshaping the way ...

Many contributors to questions and articles about MTD for IT have pointed out the tensions between HMRC wanting volunteers to try MTD for IT and imposing ...

Millions of business owners and landlords will change the way they report their earnings to HMRC over the next few years, as ...

Twenty-five years ago, a small book about mice searching for cheese in a maze became an unlikely business phenomenon. Dr Spencer Johnson’s /Who Moved My ...

Houses in Multiple Occupation (HMOs) have become an increasingly popular investment for landlords. HMOs can be an interesting option, offering on ...

Charlie Johnson purchased a residential property for £1.17m in October 2021. The property consisted of a main house and a ...

For many accountants, the idea of running their own practice is an attractive goal. The appeal of being your own boss, earning a healthy income, ...

What would be the best way to treat potential income from a diesel claim going through the courts at the moment?

The /Mersey Docks and Harbour Company Limited vs HMRC [1]/ [2024] UKFTT 1163 (TC); [2024] TC 09391 case centred around ...

Good luck with getting any decent accountant to take you on, deal with all the statutory work required on a new client and complete by Friday, and do it on the cheap. Second comedy post of the day. Is ...

Hi Just looking for understanding as to whether gift's to your spouse ie. a car is a deductible expense that can be claimed on your self assessment??  Note, ...