Latest News
-
Tribunal denies fishy business property relief claim
The First-tier Tribunal (FTT) has disallowed a claim for business property relief (BPR), despite the business in question being a long-established fishery. What went wrong?
-
Losses on CT returns may be incorrect
If you receive a letter from HMRC about your corporation tax losses, don’t ignore it or you could end up overpaying. What’s going on?
-
Could specific gifts from will trust be undone?
The First-tier Tribunal recently considered a case where the way a will trust was administered meant that the distribution of assets was significantly different to the deceased person's intentions. Could the transactions be recharacterised?
-
Workaround for botched HMRC student loan repayment calculations
HMRC systems cannot differentiate between certain types of income which could lead to an overpayment of student loan deductions. What’s the solution?
-
EIS and VCT extended for ten years
Two popular investment incentives offering a number of tax breaks were due to expire in 2025. However, the government has announced that they will be extended. What's the full story?
-
Latest advisory fuel rates for company car drivers
The amount that employees can be reimbursed for business travel in company cars changed from 1 September 2024. What are the new rates?