<h1 class="entry-title">Category: Tax</h1>
21 Nov

SDLT holiday – to buy or not to buy?

Guidance for those looking to benefit from the stamp duty reduction One of the key measures announced by the Chancellor in July was the reduction in Stamp Duty Land Tax (SDLT) on residential property. The purpose of the reduction is to boost the housing market and support the construction industry. We are often asked by […]

20 Oct


In the 2019/20 and 2020/21 tax years, UK Companies must pay Corporation Tax on taxable profits at a rate of 19%. This means that a company with £50,000 of taxable profits will pay £9,500 in Corporation Tax.  The UK tax system is known to be quite complex, so finding ways to legitimately reduce your Corporation […]

08 Oct

Import VAT on Parcels – Goods sold to UK customers

In the event that the UK leaves the EU without a deal – non-UK based Businesses that sell to UK customers with parcel contents of less than £135 or less, will be required to pay import VAT. For the purposes of this legislation, parcels include letters, packages, packets and any other article that could be […]

06 Sep

MTD for VAT : Making Tax Digital or Making Tax a Disaster?

After the announcement of MTD for VAT, there was widespread outcry on the administrative and financial burden that it would place on both Accountants and owners of small businesses.It has been six months since MTD for VAT has gone live and we can look back and review the process and share our experiences.