Where HM Revenue & Customs (HMRC) is not notified before the deadline, failure to notify penalties may be applied. Failure to ...

Businesses need access to a range of equipment to operate efficiently and ensure growth. Examples include computers, specialist machinery and communication systems. Equipment can often be costly ...

From 1st April 2025 for corporation tax, and 5th April 2025 for income tax, double-cab pick-ups will be treated as cars for capital allowances and Benefits in Kind purposes. Existing capital ...

Companies House has released timescales for the introduction of “a new identity verification process to help deter those wishing to use companies for illegal purposes.” Individuals setting up, running ...

The scheme facilitates CIS deductions by arranging for contractors to deduct tax directly from subcontractors’ payments. Contractors subsequently pay the tax to HM Revenue & Customs (HMRC) on the ...

Filing your tax return for the first time can be scary. The risk of getting it wrong, exposure to tax investigations and not knowing where to start can be overwhelming. That’s where TaxAssist ...