A client with only one rental property incurred around £15,000 in legal fees fighting a claim made by their tenannt.

Charlie Johnson purchased a residential property for £1.17m in October 2021. The property consisted of a main house and a ...

The /Mersey Docks and Harbour Company Limited vs HMRC [1]/ [2024] UKFTT 1163 (TC); [2024] TC 09391 case centred around ...

Our offshore contractors typically don't charge us vat as per HMRC notice 741a section 6 that states that it is exempt on the basis of land (as rig ...

The accounting industry is evolving rapidly, with artificial intelligence (AI), digital transformation, and new client expectations reshaping the way ...

Many contributors to questions and articles about MTD for IT have pointed out the tensions between HMRC wanting volunteers to try MTD for IT and imposing ...

Houses in Multiple Occupation (HMOs) have become an increasingly popular investment for landlords. HMOs can be an interesting option, offering on ...

Twenty-five years ago, a small book about mice searching for cheese in a maze became an unlikely business phenomenon. Dr Spencer Johnson’s /Who Moved My ...

Good luck with getting any decent accountant to take you on, deal with all the statutory work required on a new client and complete by Friday, and do it on the cheap. Second comedy post of the day. Is ...

For many accountants, the idea of running their own practice is an attractive goal. The appeal of being your own boss, earning a healthy income, ...

Hi Just looking for understanding as to whether gift's to your spouse ie. a car is a deductible expense that can be claimed on your self assessment??  Note, ...

Millions of business owners and landlords will change the way they report their earnings to HMRC over the next few years, as ...