Multiple Dwellings Relief (MDR) is a stamp duty land tax (SDLT) relief that is currently available if you buy two or more residential properties in a single transaction or a series of linked transactions.
The new measures allow Companies House to combat the criminal acts and money laundering being carried by criminals abusing the company registration system. The powers include being able to query
The Charity Commission has published new guidance designed to help charities when they face decisions over whether to refuse or return a donation.
Business and employees are both constantly looking for ways to optimise their financial strategies. One often overlooked strategy in
The Carer’s Leave Act comes into force on 6 April 2024, which will affect all employers in the UK. Then the Act gives them the right to unpaid leave to give or arrange care. The dependent can be anyone who relies on them for care and not just a family
According to MPs, phone line waiting times for HM Revenue and Customs (HMRC) continue to worsen. A committee found that nearly two-thirds of callers had to wait more than 10 minutes to speak to an adviser.
With the tax year ending on 5 April, March is a good month to check whether sharing unused tax allowances with your partner could save you some money. HM Revenue and Customs (HMRC) say that March is the most popular month for Marriage Allowance applications.
Value Added Tax (VAT) is a significant consideration for businesses. It impacts your cash flow, the amount of admin work needed, and even your overall profitability. One option available to businesses - with a VAT
Starting on 4 February 2024, HMRC is writing to company owners regarding the potential under declaration of dividend income. The correspondence is prompted by a decrease in company reserves despite reported profits, hinting at undisclosed dividend payouts.
In an announcement made on 19 February, the government confirmed that twin-cab pickup vehicles with payloads of 1 tonne or more will continue to be treated as goods vehicles for both capital allowances and benefit-in-kind purposes.
In November 2023’s Autumn Statement, the government announced some National Insurance (NI) changes. Some of these changes went into effect in January 2024, whereas others will come into effect on 6 April 2024. Here is a reminder of the changes.
Last Tuesday, the government named and shamed 524 businesses for failing to pay the minimum wage to their staff. These failures amounted to a total of nearly ÂŁ16 million that had not been paid to their workers. Each of the employers named has had to repay their staff for the
The Advisory, Conciliation and Arbitration Service (ACAS) has released a final draft of a new Code of Practice on requests for flexible working. The draft Code
Companies House have reviewed the fees they charge and have released details of the new charges that will apply from 1 May 2024. Companies House work on a cost recovery basis, so the fees are set to cover their costs rather than to make a profit.
When starting a business, or indeed as an established business, choosing the most suitable legal structure for your business is an important thing to consider. Two popular options are
What are the benefits of cloud accounting? Accessibility Traditional accounting systems often tie businesses to a specific location, requiring users to be physically present in the office to be able to access financial data
The Government plans to introduce new legislation to help parents who earn more money than others with their future pensions.  In essence, if you did not claim child benefit because
HM Revenue & Customs (HMRC) has made a significant change to the way that some taxpayers access its alternative dispute resolution (ADR) scheme. Where applicants for ADR could

Download our latest Newsletter here

Get in touch