by Oasis Accountants | Apr 10, 2026 | Newsletter
Overview of Capital Allowances Capital expenditure on plant and machinery is generally not deductible when calculating taxable profits (unless using the cash basis under specific rules). Instead, relief is provided through capital allowances, either as immediate...
by Oasis Accountants | Mar 30, 2026 | Newsletter
When purchasing a property with a spouse, civil partner, or business associate, the legal “default” is often set without considering long-term tax efficiencies. However, how you own your property today directly dictates your Inheritance Tax (IHT) exposure...
by Oasis Accountants | Mar 23, 2026 | Newsletter
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...
by Oasis Accountants | Mar 6, 2026 | Newsletter
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,...
by Oasis Accountants | Mar 3, 2026 | Newsletter
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...
by Oasis Accountants | Feb 27, 2026 | Newsletter, Uncategorized
When HM Revenue and Customs (HMRC) opens an enquiry into a tax return, it is essential to understand the type of enquiry being conducted, what HMRC is legally entitled to request, and how to respond in a way that protects your position. Types of HMRC Enquiries...
