Insights
Our tax and accountancy experts give their views on the latest news and events affecting business owners in the UK.
Changes to student loans repayments for the self-employed
The profits used to assess student loan repayments and entitlement to student finance will include transitional profits from basis period reform.
Payrolling benefits is becoming mandatory
The latest changes to the reporting and paying of income tax and Class 1A national insurance contributions on benefits in kind.
Making Tax Digital: quarterly update returns
HMRC has made it clear that individuals holding cryptoassets, like Bitcoin, need to pay tax on any income or gains that have been made.
Declaring your cryptoasset gains
HMRC has made it clear that individuals holding cryptoassets, like Bitcoin, need to pay tax on any income or gains that have been made.
Capital allowances for partnerships
HMRC has confirmed that all partners subject to corporation tax are eligible for enhanced capital allowances.
Do you need to pay tax on your online side hustle?
This very much depends on whether you’re trading or not. Or in other words, are you making a profit from it?