Sales data for £55 billion of side hustle sales shared with HMRC
A new dump of sales data from leading online trading platforms, such as eBay and Airbnb, has been shared with HMRC as it continues to ensure small traders remain tax…
HMRC
Continue reading
Capital Gains Tax rollover relief: Deferring tax when reinvesting in your business
When selling a business asset, one of the biggest concerns for many business owners is the Capital Gains Tax (CGT) that may arise on the disposal.
Small Employers’ Relief rises to 9 per cent: What does it mean for your business?
Small businesses are facing rising employment costs and business rates in the upcoming tax year and the pressure on their cash flow can be overwhelming.
Making Tax Digital for Income Tax is moving fast, but many taxpayers are still not ready
For sole traders and landlords, Making Tax Digital for Income Tax is no longer a distant deadline.
The pressure is building on Making Tax Digital for Income Tax
You may have spotted it already. More adverts for accounting apps on television, more mentions of digital tax online and more noise around record keeping.
Could you be exempt from Making Tax Digital (MTD)? Know who qualifies and how to apply
The first phase for Making Tax Digital (MTD) for Income Tax is nearly upon us and you must know whether these rules apply to you.