The trivial benefits in kind (BiK) exemption applies to small non-cash benefits like a bottle of wine or a bouquet of flowers given occasionally
Most gifts made during a person’s lifetime are not subject to Inheritance Tax at the time of the gift. There’s usually no Inheritance Tax
There is usually no Capital Gains Tax (CGT) to be paid when you sell your main family residence (referred to by HMRC as private
As part of its “Plan for Jobs”, the government has now announced that, from 1 June 2021, employers of all sizes in England can
If your business goes through a tough period, it may be time to pivot your strategy. Necessity is the mother of all invention. Many
A thought-provoking question that has been asked by one of our readers is whether professional gambling is a trade or not. The answer to this question might surprise you. According to HMRC and reinforced by a number of court cases is the answer that
6th April marks the start of the new tax year for us in the UK. But have you ever wondered why we picked such
You can now find the key tax rates and allowances which will be affect our business and personal lives in 2021/22 – just click
Event Summary At our well-attended online catch-up on 28/01/2021 the Burton Sweet Charities and Civil Society Team shared some key considerations for charities in
It is well over a month since the implementation of a full border between the UK and the EU. Because of the pandemic, trade
INTRODUCTION New VAT rules are due to come into effect from March 2021 which will impact on accounting for VAT for transactions in the
When total deductions due for company benefits, state pension, or tax owed from previous years exceed an employee’s personal allowance.
