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.
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 businesses are facing rising employment costs and business rates in the upcoming tax year and the pressure on their cash flow can be overwhelming.
For sole traders and landlords, Making Tax Digital for Income Tax is no longer a distant deadline.
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.
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.
With the Self-Assessment deadline just over a week away, failing to pay your tax bill on time can quickly lead to penalties and interest charges.