The Property 118 Tribunal decision
The Property 118 Tribunal case concerned whether Scheme Reference Numbers (SRNs) issued in respect of two sets of arrangements were validly issued. The arrangements in question – the SIS and…
Interest relief – Mixed portfolios and mixed-use properties
The way in which an unincorporated landlord receives tax relief for interest and finance costs depends on whether or not the property is a residential property. Relief for interest and…
Rent received from your personal company
Where a personal company is run from the director’s home, the payment of rent by the company for the use of the space can be a handy way of extracting…
Simple assessments – What are they?
In the last few months, some taxpayers who possibly have had no dealings with HMRC previously have been receiving letters headed ‘Simple Assessment’. The letters are being sent to those…
When an incomplete VAT invoice is issued
VAT-registered businesses can generally reclaim VAT on goods and services purchased for business purposes. However, for a claim to succeed HMRC requires valid evidence to support those claims. In most…
Registering late for self-employment – The tax implications
Having made the big decision to start a self-employed business, there will be countless decisions and administrative tasks to attend to. Informing HMRC of the new venture may not be…
SDLT and inter-spouse transfers
Different taxes have different rules, and it is important to consider the full picture. Looking at one tax in isolation may lead to an unexpected bill. Most people are aware…
How to claim relief for excess interest
Landlords running an unincorporated property business obtain relief for interest and finance costs incurred in relation to residential lets (including holiday lets) as a tax reduction. The tax reduction is…
Phoenix companies: HMRC’s tougher approach to contrived insolvencies
In November 2025, the government announced a joint strategy involving HMRC, the Insolvency Service and Companies House to crack down on what is termed ‘contrived insolvencies’ i.e. company closures engineered…
Side hustles, online selling and the trading allowance: What you need to know
Whether you sell unwanted items on eBay or Vinted, rent out a property on Airbnb, freelance through online platforms, drive for a delivery app, earn money as a content creator,…
VAT on gifts and samples
Businesses which give away free gifts or samples need to be aware of the VAT implications to ensure that they account for VAT correctly. Gifts Where a business makes a…
Approved mileage allowance payments
The approved mileage allowance payments (AMAP) system allows employers to make tax-free mileage allowance payments to employees who use their own vehicles for work. The payment is tax-free as long…
Working From Home Tax Relief Changes from April 2026: What You Need to Know
Working From Home Tax Relief Changes from April 2026 Working from home is now a normal part of working life across the UK. However, significant tax changes coming into force…
Key Changes & Deadlines Post Budget
As the end of the 2025/26 tax year approaches, individuals and businesses should take advantage of available tax reliefs and prepare for upcoming changes from April 2026 onwards and into…