How to appeal a tax penalty
There are various reasons why HMRC may issue a tax penalty. You may receive a penalty if you file your tax return late, your tax
There are various reasons why HMRC may issue a tax penalty. You may receive a penalty if you file your tax return late, your tax
Although the tax system contains an exemption for employer-provided eye tests and the glasses or contact lenses for display screen use, its availability is dependent
HMRC have sent out nudge ‘One to Many’ letters to taxpayers who they believe may have claimed Business Asset Disposal Relief (BADR) in excess of
The Employment (Allocation of Tips) Act 2023 sets out a new legal framework for the fair allocation of tips. A new Code of Practice is
The number of businesses closing down is steadily increasing. Many of those businesses will have staff, therefore the legal and tax position of any termination
When setting up in business, most people weigh up the pros and cons of operating as an unincorporated business or a limited company. However, there
As part of HMRC’s Making Tax Digital initiative, the existing method of calculating profits on an accounting year basis is to be abolished for the
As the cost-of-living crisis bites, landlords may find that tenants struggle to pay their rent. Where this is the case, the relief that is available
Dividends are a popular and tax-efficient way to extract profits from a personal or family company once a small salary has been paid. However, the
Employees often need to incur expenses when undertaking their jobs. The nature of the expense may vary depending on the job, but typical expenses include
As the cost-of-living crisis bites, landlords may find that tenants struggle to pay their rent. Where this is the case, the relief that is available
Small business accountant – Why do you need an accountant? How to choose a small business accountant? Where should you start? We hope that this
Regardless of the business structure (for example limited company or sole trader) it is possible to employ family members. This has some obvious advantages including
In June 2020, the Government announced that it was making funding available to customs intermediaries and businesses to help increase their capacity to make customs
Partnership rather than a limited company. We explain why in today’s blog. Employer-funded scholarships Special tax rules apply to scholarships, which include exhibitions, bursaries or
Copyright © 2023 Pro-Taxman. All rights Reserved.