Understanding PAYE Benefit in Kind for Home-Office Equipment (2025/26 Update) Since hybrid and home-based work remain common in 2025, many employers still provide laptops, monitors, or chairs for remote setups. However, the PAYE benefit in kind for home-office...
Client Entertainment Tax Deductibility: What’s Allowable in 2025/26? Understanding client entertainment tax deductibility is crucial for UK businesses aiming to stay compliant while maximizing legitimate deductions. The rules on what qualifies as advertising or...
Old rules for self-employed training costs Previously, if you were self-employed, the tax rules only allowed a deduction for training costs if the course updated existing expertise or knowledge. Training that provided you with wholly new skills or knowledge (for...
Business rates for 2025/26 and changes to empty property relief Business rates are payable on non-domestic properties. To calculate the bill, you apply the relevant multiplier to the property’s rateable value, then subtract any reliefs that you may qualify for. One...
Understanding the VAT Reverse Charge When you hear “VAT reverse charge,” it often causes confusion — but grasping it is essential for any VAT-registered business. The VAT reverse charge mechanism shifts the responsibility for reporting output VAT from the supplier to...
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