Tax on Electric Charging Points Guide for the 2025/26 Tax Year
Will tax on electric charging points be an issue? As more businesses install workplace EV charge points, it’s worth understanding the tax on electric charging points and how it applies when an employer provides charging facilities for employees. If you’re considering...
How to Use Spouse’s Losses to Reduce CGT: 2025/26 Guide
How to Use Spouse’s Losses to Reduce CGT: A Guide for Couples When you own assets jointly or individually, you may be able to use spouse’s losses to reduce CGT by carrying out a spouse CGT loss transfer — transferring part or all of an asset to your spouse before...
Private bills being paid for by a company
Local accountants and tax advisers, Trueman Brown, warn employers helping out employees, working from home, with their bills should be aware of the tax and NIC implications. Working from home during the Coronavirus pandemic created a range of tax issues, not least...
Capital Gains Tax Rules for Spouses UK 2025 | Trueman Brown
Understanding the Capital Gains Tax rules for spouses UK When it comes to tax-planning for couples, the Capital Gains Tax rules for spouses UK offer some important opportunities — and traps. If you and your spouse or civil partner transfer assets between you, it is...
Pension Annual Allowance update
Local accountants and tax advisers, Trueman Brown, have some advice for taxpayers who want to receive the maximum relief for paying pension premiums to a private plan. Tax relief is available to encourage individuals to make contributions to registered private pension...
HMRC may demand VAT security deposit
Local accountants and tax advisers, Trueman Brown, have advice for local businesses struggling to settle their VAT liabilities. The vast majority of businesses pay their tax bills on time however, any that are finding it hard to make payment in full and/or on time can...
Trading Losses in Early Years: 2025/26 Relief Guide
Trading losses in early years – what you need to know Starting a new business can be challenging and, in many cases, you may incur trading losses in early years. These losses can arise when initial costs, set-up expenses or unexpected circumstances (such as the...
Limited Liability Partnerships
Local accountants and tax advisers, Trueman Brown, advice local businesses of the pros and cons of operating their business through a limited liability partnership. A limited liability partnership (LLP) is not a partnership but a body corporate with a difference -...
SDLT Multiple Dwellings relief
Local accountants and tax advisers, Trueman Brown, warn landlords that you might be eligible for Multiple Dwellings Relief if more than one property is bought in a single deal. Multiple dwellings relief’ (MDR) allows a rate to be charged at the percentage payable on...
Loans to Close Companies – 2025/26 Tax Relief Guide
Loans to Close Companies – What You Need to Know If you’re considering making loans to close companies, it’s important to understand the tax relief rules and changes for the 2025/26 tax year. At Trueman Brown our local Basildon accountants specialise in helping...