Tax

VAT year end: What VAT adjustments do you need to make?
Thursday, 20 April 2023
It’s time to stop and think about the end of the VAT year. We explain what partial exemption adjustments you may need to make, especially for those in the Capital Goods Scheme or Tour Operators Margin Scheme.

Making Tax Digital a little later than planned
Monday, 3 April 2023
Changes have been made to Making Tax Digital which will affect many more people who submit a self assessment tax return. Read our blog to see if you’re affected and when you need to comply.

The end of the tax year is near: Tax planning points to consider
Wednesday, 22 March 2023
Read our ten year-end tax planning points to consider before 5 April 2023.

Spring Budget Summary 2023
Thursday, 16 March 2023
The Spring Budget 2023 was an opportunity for the Chancellor to provide an update on the economic progress made from policies set out in the Autumn 2022 Statement, and to announce new tax measures and spending plans. Our blog summarises the key findings.

NHS Pension Scheme: calculation of the annual allowance pensions tax charge for 2022/23
Friday, 10 March 2023
Medical specialist partner, Lizzy Lloyd, highlights important issues regarding the NHS Pension Scheme and calculation of the annual allowance pensions tax charge for 2022/23. If you are in the NHS Pension Scheme, then you must act now to mitigate possible increased tax charges.

Zoo Tribunal highlights difficulties charities face over VAT relief claims
Tuesday, 28 February 2023
One of the VAT reliefs that charities can benefit from is zero rating the construction of new builds. However, it can be difficult to meet the conditions, as highlighted in a recent case involving Paradise Wildlife Park.

Proposed reform of inheritance tax
Thursday, 20 February 2020
The All-Party Parliamentary Group for Inheritance & Intergenerational Fairness recently issued a report suggesting a far-reaching reform of inheritance tax (IHT). These reforms are likely to have an impact on the tax affairs of most UK individuals and trusts.

What are the changes to HMRC option to tax process?
Tuesday, 17 January 2023
Our VAT team explains the changes to the way HMRC will be dealing with options to tax (OTT) and how this will affect transactions involving land or property.
Have you taken advantage of the Super-Deduction tax relief?
Wednesday, 14 December 2022
The temporary Super-Deduction tax relief ends on 31 March 2023. Our blog explains what this relief is and how much companies can claim.

New VAT penalty regime for late payments
Monday, 28 November 2022
A new VAT penalty regime applies from 1 January 2023. This is a significant change to the current way that taxpayers are penalised for non-compliance with VAT.
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