TOMS VAT on Serviced Accommodation: A Surprise Win against HMRC
Sonder's VAT case sets a precedent, affirming TOMS inclusion based on traveler benefits and minimal alterations to goods, highlighting VAT compliance significance for evolving travel businesses.
A Complete Guide to Tax on Rental Income UK
This article provides a detailed guide on the taxation of rental income in the UK, covering aspects such as the calculation of tax for individual landlords, changes in interest relief, reporting requirements to HMRC, and specific considerations for limited companies...
Land Remediation Tax Relief: Qualifying Expenditures
This article explores the UK's Land Remediation Relief (LRR), offering tax deductions for qualifying expenditures in the cleanup and redevelopment of contaminated land, making it a valuable incentive for businesses involved in environmental remediation.
Land Remediation Tax Relief – Maximising Financial Advantage
This article explores the UK government's Land Remediation Relief (LRR) tax credit, offering deductions of up to 150% for qualifying expenditures on remediating contaminated or derelict land. It provides significant financial advantages for property owners, developers, and even loss-making companies.
Real Life Example of Land Remediation Relief in Action
This article discusses Land Remediation Relief (LRR), a UK corporation tax relief for businesses buying polluted land, enabling a deduction of up to 150% of cleanup costs. It highlights a recent Court of Appeal ruling, exemplified by the case of...
The UK Real Estate Market and Its Related Taxes
There are a lot of taxes that you have to pay if you are involved in the UK Real Estate Market in a variety of different fields.
Understanding National Insurance Contribution (NICs) in the UK
Here is everything that you need to know about the National Insurance Contributions (NICs) in the UK.
Reliefs Under Annual Tax on Enveloped Dwellings
Learn how to reduce your ATED charges through the several available ATED exemptions and reliefs available to you.
Decoding HMRC’s One-to-Many Letter for Short-Term Property Letting Income
HMRC has been targeting individuals with short-term property letting income and has been sending One to Many Letters.
