Are Your Farm Repairs Tax Deductible?

Are Your Farm Repairs Tax Deductible?

Advice, Business Support, HMRC, Tax

When carrying out extensive repairs to maintain their premises a farmer may assume that, without question, these repairs will be offset against the business income received thus reducing the tax bill for the applicable accounting period. HM Revenue and Customs...
HMRC Takes The Driving Seat

HMRC Takes The Driving Seat

Events, Tax

Having lost out at the first tier tribunal, HMRC took racing giant McLaren all the way to the upper tribunal to see a judgement in their favour, in a recent tax case. Back in 2007 a (one can only imagine, disgruntled) former Ferrari engineer passed confidential design...

Thinking of giving the Tax Man a gift this Christmas?

Tax

…I didn’t think so! As Christmas draws closer, most people in work are looking forward to their much deserved time off, and, of course, the Christmas Party! To keep up the festive cheer, the tax man is offering tax exemptions to businesses of all sizes for...