HMRC notices

The tax gap for the 2020-21 tax year has been published and remains at 5.1%. This is the second lowest

HMRC last published guidance on the standard for agents in January 2018 (updating the first set of

Intrastat declarations were historically used to collect information on the movement of goods from the UK

HMRC publishes a list of income streams that are excluded from a UK property business. The list includes

The furnished holiday let (FHL) rules allow holiday lettings of properties that meet certain conditions

The maximum amount that can be invested in an ISA in the current (2022-23) tax year is £20,000.

ISA’s

An overdrawn director’s loan account is created when a director (or other close family member) ‘borrows’

HMRC has used new powers introduced in the Finance Act 2022 to name tax avoidance schemes and their

A partnership is a relatively simple way for two or more legal persons to set up and run a business

A wasting asset is an asset which has a predictable life of 50 years or less. HMRC’s guidance is clear

A partnership is a relatively simple way for two or more persons to set up and run a business together

The UK’s Digital Services Tax (DST) came into operation on 1 April 2020. This tax is designed to ensure