A couple acquired a property jointly to let and incurred some expenditure (painting, freshening up etc) prior to making the property available to let.

My client acquired a rental property some 25 years ago. Since rental income ceased a few months ago he’s been preparing the property for sale. At this ...

I am not from UK, I spoke with someone about HMRC and told me following: Tax authority can only be reached on phone (for talking about some issue regarding taxpayer), they dont communicate via email, ...

This approach would allow for 80% of the output VAT to be paid on the first (late period) VAT return and the remaining 20% on the next VAT return, improving cash flow and reducing penalties. However, ...

Clients love to ask a “quick question” here and there, often hoping for a fast and free answer without a second thought about the accountant who has to ...

There is understandably quite a hullabaloo and strong emotions around the new provisions for farmers and it isn't something I would have done if I had been ...

Can anyone clarify? The university is a public university and hence inherently charitable. The chapel is funded directly by the university.

As an accountant, your clients look to you for expert advice—and this year, staying informed is more critical than ever. With significant ...

Client has received a letter from Debt & Revenue Services, saying "There is still time to resolve your overdue HMRC bill".  The letter gives no details ...

Good morning one and all, your friendly technology editor calling, A (sunny) Monday morning question for you. The research we've done over the ...

New research from Aqilla, the intelligent cloud-based accounting and reporting application company, suggests the majority of UK accounting and ...

Are you doing enough for your clients? As the business landscape evolves more rapidly than ever, business owners need better financial guidance. The role ...