Digital Linking Deadline Extended One of the requirements of Making Tax Digital for VAT is that businesses must keep their records so that VAT returns can be produced enterely automatically once primary information has been entered into the records. For…

As long as you are genuinely in business to earn a profit then you can offset your losses against any current year income, or against past or future profits of the trade itself. There are a couple of restrictions. The…

Marriage allowance lets you transfer £1,250 of your Personal Allowance to your husband, wife or civil partner. This can reduce their tax by up to £250 every tax year (6 April to 5 April the next year). To benefit as…

If you buy a new home whilst still owning one or more, a higher stamp duty will apply. This was introduced to target buy to let investors and not innocent buyers who wished to, for example, make cosmetic changes before…