Recruitment agencies often use umbrella companies to pay temporary workers. HMRC confirms that there is no statutory definition of an umbrella company...

People set up in business for a variety of reasons. For some it is a dream that becomes a reality...

The cost of living crisis has impacted on people’s ability to take holidays and short breaks. If you are a...

If you are an employer, having a healthy staff is good for both you and your employees. So, you might...

If you run your business as a personal or family business, you may have to take some or all of...

There are many ways to get tax-free savings income. But not all routes are available to all taxpayers. The options...

From a tax point of view, not all rentals are the same, and the rules for furnished vacation rentals are...

HMRC makes a number of toolkits that point out common mistakes that people make on their self-assessment tax returns. The...

In the summer, there are a lot of events, and parking is often hard to find. If you have a...

Like any other kind of business, a property business has costs that can’t be avoided. But, if you meet certain...

Investors who have nothing to do with the company can get 30% of the amount they put into qualifying EIS...

HMRC has recently updated the advice they give to businesses that want to get investors to buy shares in their...

In recent years, there have been changes to how unincorporated landlords are treated for tax purposes, especially when it comes...

On September 23, 2022, Kwasi Kwarteng, the fifth Chancellor in as many years, gave a “Fiscal Event” or “Mini-Budget” that...

Inflation is at its highest level in ten years, and the resulting cost of living crisis may make it hard...

Makesworth Advisers is the go-to firm for all things related to capital gains tax in the UK. It is necessary...