Messages aim to promote pension saving to the self-employed A government-backed pension provider is trialling emotive messages to nudge sole traders to start retirement saving. The messages from NEST aim to persuade the self-employed to sign up...
Read MoreCapital gains tax planning
Capital gains tax planning Tax changes to private residences for 2020/21. From 6 April 2020, HMRC is proposing three significant changes which will potentially increase the capital gains tax paid on the disposal of any residential property by an...
Read MoreProtecting a business from fraud
Protecting your business from fraud Steps to shield your firm from threats. Fraud costs the UK around £190 billion a year, with businesses bearing almost three quarters – £140bn – of those losses. This worrying picture is backed up by the 2019...
Read MoreIR35 in the private sector
IR35 in the private sector Key considerations for contractors before April 2020. Large and medium-sized organisations have just six months left to prepare for changes to off-payroll working rules, which are due to extend to the private sector...
Read MoreProperty as an investment for landlords
Property as an investment for landlords With low interest rates, property remains attractive. As the global financial crisis began to bite in 2008, central banks in several nations took action, attempting to shock the world economy back to life...
Read MoreInsider: October 2019
Most VAT-registered businesses are signed up for Making Tax Digital Almost three quarters (74%) of VAT-registered firms signed up for Making Tax Digital (MTD) before the second stagger deadline last month. HMRC’s figures showed that over 230,000...
Read MoreUpdated Insider to reflect reverse charge VAT delay
Treasury to review tapered annual allowance as dispute rumbles on The Treasury has announced it will review the tapered annual allowance for pensions, following calls to abolish it. The amount of pension contributions that can be made tax-free in...
Read MoreInsider: September 2019
Treasury to review tapered annual allowance as dispute rumbles on The Treasury has announced it will review the tapered annual allowance for pensions, following calls to abolish it. The amount of pension contributions that can be made tax-free in...
Read MoreThe numerous quirks and foibles of VAT
Insight into VAT’s barnacles of complexity. Are Jaffa Cakes biscuits or, as the name implies, cakes? This question is one of the most famous examples of the kind of debate that happens frequently in the world of VAT because precise definitions...
Read MoreResidence and domicile
How your status affects how much UK tax you pay. For most people living in the UK, the question of what income and gains should be included on their tax return is an easily answered question because they are both UK-domiciled and UK tax resident...
Read MoreSaving for your retirement
SAVING FOR YOUR RETIREMENT Some taxpayers may not receive a bill for payments on account this month, and face paying a higher bill in January 2020. All of us dream of the day we can retire, saying goodbye to the alarm clock and commute, illing...
Read MoreThe construction industry scheme
CONSTRUCTION INDUSTRY SCHEME Few sectors have such an impact in the UK as the construction industry. It not only provides the fabric of our nation – the places where we live and work – but also underpins our entire economy. And upcoming changes...
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