Local accountants and tax advisers, Trueman Brown, advise local employers about the new lower charges for low emissions cars. From 6 April 2020, new appropriate percentage bands – and new lower charges for low emissions cars – will apply for company car tax purposes....
Annual investment allowance or writing down allowance — what your business should know If you’re investing in plant or machinery, understanding how the annual investment allowance works could save your business a significant amount in tax. In this post we explain how...
Understanding Relief for trading losses Experiencing trading losses can be stressful, but it’s important to understand how you may be able to claim tax relief and turn a loss-making year into a strategic opportunity. As of the 2025/26 tax year, there have been a...
What are the approved and advisory fuel rates for 2025/26? If your business reimburses employees for fuel, or if employees need to repay fuel costs on a company car, it’s important to understand the current advisory fuel rates set by HMRC. Many businesses and...
No capital gains tax liability arises if a gain occurs on the sale of a property which has been the owner’s only or main residence throughout the period of ownership then the gain is fully sheltered by private residence relief. However, there are advantages to be had...
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