Making Tax Digital: at a glance
HMRC’s flagship Making Tax Digital (MTD) programme has seen many stops and starts over the years. Where are we now?
‘What is the difference between Domicile and Residence?’
Many tax advisors are frequently asked and understanding the differences between the two concepts.
Start of Tax Year could be moved
Is it time to change a historic tax system by moving end of year tax dates?
Summary of the taxation treatment of commercial vehicles
We have put together a summary of the tax treatment of commercial vehicles below. What is classified as a commercial vehicle? A commercial vehicle is classed as one which: Its main purpose is to transport goods/materials or paying passengers. Has a payload of more...What are the Capital Gains Tax (CGT) implications on divorcing?
Breaking up can be hard to do especially with no tax costs! Divorcing is complicated in itself, let alone trying to navigate your tax position. When a marriage or civil partnership ends, tax is probably the last thing that the separating couples want to think about....Key highlights from the UK Government Tax Day announcements
On 23 March 2021, the UK government held its first-ever ‘Tax Day’ whereby it published a series of tax documents and consultations. It is all a part of a move to strengthen policymaking and to help create a more “trusted, simple and modern tax system”.
