Search

Imagine a world where all your meals are cooked for you, your home is cleaned each week, you visit dozens of countries a year and you may also have no liability to income tax.

There was much speculation ahead of the first Labour Budget in 14 years.

From HMRC’s point of view, there are three main ways an individual can be assessed to income tax:

From 14 October 2024, people who want to claim tax relief on employment expenses using form P87 also have to provide supporting evidence.

As readers will be aware, it is usually possible to make voluntary National Insurance contributions (NICs) going back up to six tax years (SI 2001/769, reg 4(3)–(5)).

As we know, from 6 April 2025, furnished holiday let properties will, for the most part, be treated as normal property rental units. No more bells, no more whistles.

Making Tax Digital for Income Tax Self-Assessment (MTD ITSA) is now less than 18 months away, with taxpayers with income over £50,000 mandated from 6 April 2026.

Since its introduction just over 10 years ago, the salaried member legislation has been an important compliance area for many professional services limited liability partnerships (LLPs), especi

The National Minimum Wage (NMW) came into force under the Labour government in 1999.

Broadly, carried interest is the allocation of an equity fund’s profit share paid to investment managers in connection with their management activities.