In the Spotlight – Sukhi Khangura
Our In the Spotlight series lets you get to know some of our team better. That might be their hobbies, favourite book or what they would take to a desert…
Blog Posts
HMRC urges eligible couples to claim Marriage Allowance
HMRC has reminded married couples eligible for the Marriage Allowance to make use of the tax relief. Over 2.1 million couples currently benefit from the Allowance, HMRC said. Married couples…
Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 March 2023. The guidance states: ‘you can use the previous rates for up to one month from…
‘Digital pound’ likely to launch this decade, says Treasury
The Treasury and the Bank of England (BoE) have suggested that a state-backed ‘digital pound’ is likely to be launched this decade. Both the Treasury and the Bank said that the…
Record 11.7 million tax returns received on time
A record 11.7 million self assessment taxpayers submitted their tax returns by the 31 January deadline, HMRC has revealed. The final day for self assessment returns saw 861,085 customers file…
UK economy narrowly avoided recession last year
The UK narrowly avoided falling into recession in 2022 after the economy saw zero growth between October and December, according to the latest figures from the Office for National Statistics…
Inflation remains close to 40-year high
Inflation remains close to a 40-year high despite falling in January, according to the latest data from the Office for National Statistics (ONS). The ONS found that inflation fell to…
Spring Budget must ease cost pressures on businesses, says BCC
The British Chambers of Commerce (BCC) has urged Chancellor Jeremy Hunt to use the upcoming Spring Budget to help ease cost pressures on small businesses. Research carried out by the BCC…
HMRC sounds warning on new VAT penalties
HMRC is reminding VAT-registered businesses to file their VAT returns and pay on time ahead of new penalties being applied. The tax authority says that the new penalties will be ‘fairer and…
Tax and residential property
Whether you’re thinking about buying, selling or letting a residential property, there are a few tax points you will want to consider that might influence how you structure the way…
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