Declaring rent on returns.
Mrs O is a director and shareholder of O Ltd. She has signed a five-year tenant repairing lease on an office in her own name. O Ltd pays the rent of £1,000 a month as...
Finance Act
Finance (No 2) Act 2023 received royal assent on 11 July 2023.
tinyurl.com/faroyalassent
Tax credits
Almost 28,000 individuals have used the HMRC app to renew their annual tax credits...
Labour Party proposals to remove tax breaks for private schools, including exemptions from VAT and relief on business rates, would raise tax revenues by about £1.6bn, according to a report from...
HMRC is trialling a taskforce to process post over 12 months old. The team aims to reduce the number of very old outstanding cases significantly over the next few months.The professional bodies have...
Scrapping the pension lifetime allowance in this year’s Budget is having a significant effect on pension saving and retirement planning among higher rate taxpayers, new research from wealth...