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Recent financial news

  • State Benefits – What is taxable and what is not
    Tuesday, April 29, 2025
    Not all state benefits are tax-free! Some, like the State Pension and Carer’s Allowance, are...

  • Is income from hobbies taxable?
    Tuesday, April 29, 2025
    Not every money-making hobby counts as a business for tax purposes. Knowing when a hobby crosses...

  • Tax relief if required to work from home
    Tuesday, April 29, 2025
    If employees must work from home and their employer does not reimburse certain costs, they may be...

  • Tax refunds for dissolved companies
    Tuesday, April 29, 2025
    Dissolving a company ends its legal existence — but unresolved assets become property of the...

  • Tax treatment of income after cessation
    Tuesday, April 29, 2025
    After a business closes, income can still arise. Post-cessation receipts must be properly reported...

  • Definition of R&D for tax purposes
    Tuesday, April 29, 2025
    When claiming tax relief or capital allowances on R&D, it’s crucial to ensure activities meet...

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