The weekly rates of child benefit for the only or eldest child in a family is currentlyRead More

There are special rules for the taxation of post-cessation receipts after a trade has ceased. TheRead More

Interestingly, there is no statutory definition of ‘trade’. The only statutory reference to theRead More

Most of our readers will be aware of the £1,000 property income allowance that came intoRead More

The 'badges of trade' tests, whilst not conclusive, are used by HMRC to help determine whether anRead More

A capital sum received by an individual in respect of the sale or relinquishment of income to beRead More

There are special rules in place when a limited company gives to a charity. This can includeRead More

HMRC has now written to over 145,000 VAT-registered businesses across the UK with a Brexit update.Read More

Donations to charity over the course of a tax year can add up and taxpayers must ensure they keep aRead More

The Furnished Holiday Let (FHL) rules, allow holiday lettings of properties that meet certainRead More