Latest News

Reporting foreign income to HMRC

If you are UK resident and receive income from abroad, such as overseas wages, rent...

Report and pay Capital Gains Tax

If you sell assets such as shares or land, you may need to report your...

Repeal of furnished holiday lets regime

From April 2025, holiday lets lose their special tax treatment. Landlords must prepare for new...

Repay private fuel provided for company cars

Employees using company fuel for private journeys can sidestep a hefty benefit charge by repaying...

Rental business mortgage relief

Since April 2020, landlords can no longer deduct mortgage interest as an expense. Instead, tax...

Reminder of Employer’s NIC changes from April 25

From 6 April 2025, employers will face a 1.2% rise in National Insurance contributions, alongside...

Reminder of Employer NIC changes from April 25

A reminder that increases to the rate of National Insurance contributions (NICs) that are paid...

Reliefs and allowances for Corporation Tax purposes

Companies can reduce their Corporation Tax bill through a range of reliefs, including R&D credits...

Registering informal money transfer businesses

HMRC has launched a campaign targeting informal money transfer networks like Hawala, aiming to combat...

Register an offshore property developer for Corporation Tax

Non-UK resident companies that buy, develop, or sell UK land must register for Corporation Tax...

Reforms to taxation of non-doms from April 2025

From 6 April 2025, the remittance basis of taxation will be scrapped in favour of...

Redress for Post Office Capture victims

In a significant update, the UK government has unveiled a new compensation scheme targeting individuals...

Red tape eased for new cafes and bars

Communities and town centres across the UK are about to get a serious boost. The...

Recycling changes

​As of 31 March 2025, new regulations have come into effect in England, requiring workplaces...

Records you must keep if self-employed

If you are self-employed as a sole trader or a partner in a business partnership...

Reclaiming duty moving goods to Northern Ireland

Businesses can reclaim duties on qualifying goods moved to or through Northern Ireland since 2021 The...

Recent speculation on forthcoming Budget

There is unlikely to be much to celebrate when Rachel Reeves delivers her first Budget...

R&D receives a welcome boost in the Budget

As part of the October Budget the Chancellor announced the highest ever level of government...