Furnished Holiday Lettings (FHL) Tax Benefits Ending Soon! Attention, Furnished Holiday Let (FHL), Serviced Accommodation and Airbnb owners—time is running out! The UK government has officially announced the end of the FHL tax regime, and the clock is ticking fast, Act now to secure what you are due back before these advantages disappear for good. Here’s what you need to know: From 6 April 2025: The FHL rules will no longer apply for Income Tax and Capital Gains Tax. From 1 A

Holiday let's in the U.K. & EEA continue to be a great investment for first time owners or seasoned investors. There are several reasons...

HMO Capital allowances: HMRC clarifies meaning of dwelling house HM Revenue & Customs (HMRC) revised its guidance as to the meaning of...

Are you aware that substantial tax savings may be available to you if you’ve refurbished your commercial premises, regardless of whether you own or lease it? Upon completing a refurbishment of a commercial property (even a holiday home!), businesses have the opportunity to claim capital allowances for specific items of plant and machinery that are incorporated in the refurbishment, resulting in tax savings that could amount to thousands of pounds. Do you own or lease a commer

If you own commercial premises or have spent money refurbishing one then you need to explore this business tool further. On average 90%...

With UK holiday destinations continuing to be a popular choice amongst UK residents, it is not surprising that the number of furnished...

Today we saw Chancellor Rishi Sunak present the government's annual Spring statement, with the cost of living crisis being the main focus...

We are proud to be exhibiting at AccountingWEB Live Expo 2021. The exhibition is a 2 day event, taking place on 1st - 2nd December....

What are Capital Allowances Corporation Tax Tax Deductions Capital Allowances Who can claim? What’s Included? Capital Allowances - What are they and who can claim them? Introduction Far too many business owners don’t understand how to claim capital allowances, or even what they are. If you ask, you’re likely to get jargon-filled answers about tax relief, business assets, and before-tax profits. We’re going to break it down and give a simpler explanation, including all

With the Government's decision to increase corporation tax to 23% there has never been a better time to if you are due Capital...

Capital allowances can be claimed on most assets that a business has purchased and this expenditure can be claimed against a company's taxable profits. Assets purchased by a company can come in many forms such as fixtures and fittings, land, technology, etc. as each asset plays a different role in the Tax rules that apply can vary. Annual Investment Allowance As the limit for annual investment allowance (AIA) has been increased from £200,000 to £1,000,000 then the purchasing

DO YOU OWN A COMMERCIAL PROPERTY? What if there was a way to release funds from past tax paid, using a tax relief which is perfectly...

Billions of pounds of tax relief go unclaimed every year. if you are a business owner you could be eligible for massive tax relief...

Annual Investment Allowance is a tax break worth up to £1 million which is designed to stimulate investment in UK manufacturing to...

Capital Allowances allow you to claim tax relief on assets you buy for your business. The value of these items can be offset against your...

We are excited to announce the launch of our exclusive line of DEDICATED branded items. From pens and caps to polo shirts and jackets...