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Business Rates Holiday Starts Winding Down

Holidays at commercial rates have been one of the most effective COVID-19 support measures for the retail, hospitality, and leisure industries. Around 400,000 companies in the hospitality and leisure sectors have benefited from holidays at 100% commercial rates during the last 15 months, as part of the Treasury’s coronavirus assistance program. Commercial Tariff Relief In
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What are the Employment Tax Issues That Non-Profit Organizations Need to Be Aware Of?

Many organizations are moving towards agile/hybrid work. However, before employers reimburse expenses and claims for employee benefits, they should consider the applicable income tax and reporting requirements. This article guides tax considerations when employing reimbursement of expenses. Broadband Connection If the employee already has broadband or is upgrading their plan, any reimbursed expenses would
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How to Avoid Capital Gains Tax on Buy-to-Let Property

Understanding Capital Gains Tax on Buy-to-Let Properties in the UK Capital Gains Tax (CGT) in the UK applies to the profit gained from selling assets
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Introducing the Simplified VAT Flat Rate Scheme – The New Online Application

As a British taxpayer navigating the complexities of Value Added Tax (VAT), the VAT Flat Rate Scheme (FRS) comes as a significant relief. This scheme
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Recent Tax-Related Major Developments in the UK

In the past few months, the UK government has made several significant tax-related announcements as part of efforts to stimulate economic growth, alleviate the high
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