Transitional Relief was to compensate the taxpayer for the closing gap which you mention. Otherwise, somewhere along the line, some profits would have been taxed twice with no gap of a corresponding ...

A leading regional accountancy firm is today calling for further support for businesses across the North East, as a new survey reveals that a majority of ...

As we welcome 2025, there are still 5.4m taxpayers who have yet to file their 2023/24 self assessment returns, compared to 5.7m who were yet to file at the ...

I have a client who is considering creating a limited company with the shares held in trust for his minor child.

While Julian Leigh (pictured left) - chief financial officer (CFO) at Cashflows - believes there is an essential need to have ...

In October 2000 my client agreed to purchase his parents home by clearing a charge on the property of £37,000 and paying them a further £40,000 to ...

Hi all, When there is a PRR election in place, then there is a change in the combination of residences, does the election lapse, or does it continue but ...

Are you navigating the buzz around AI and automation in Accounts Payable and wondering how much of it is true?

Businesses are under increasing pressure to leverage the most effective apps to ensure operational efficiency, and those with legacy systems and processes ...

Caseware [1], a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the ...

As we know, Class 2 NIC when profits between £6725 & £12570 are nil for the tax year 2023/24 but the client still gets the pension credit.