If you’re moving a business asset—like a warehouse, a shop, or company shares—to a family member or your own limited company, HMRC usually looks at the “Market Value.” Even if you don’t take a single penny in cash, they might expect you to pay Capital...
With increasing HMRC scrutiny and continued changes in UK property taxation, landlords must ensure their rental income and related expenses are reported correctly. In practice, we frequently encounter recurring mistakes that can lead to higher tax liabilities,...
Delivered by Chancellor Rachel Reeves on Tuesday, 3 March 2026, the Spring Statement provides an updated outlook on the economy, public finances, and support measures. 1. Economic Outlook: Slower Growth but Stability Ahead Growth: GDP forecast downgraded to 1.1% in...
Growth is an exciting stage in any business journey. Whether you are hiring new staff, entering new markets or investing in equipment, expansion brings opportunity. However, it also introduces financial complexity and risk. Without accurate forecasting, rapid growth...
Receiving notification of a tax enquiry from HMRC can be concerning for any business owner. However, it is important to remember that an enquiry does not automatically indicate wrongdoing. In many cases, checks are routine or triggered by anomalies in submitted...
