The holder of a scholarship is exempt from a charge to Income Tax on income from a scholarship when receiving full-time education at a university, col...

There are special rules, known as the miscellaneous income sweep-up provisions, that seek to charge tax on certain income. This unusual provision, whi...

If you are self-employed as a sole trader or as a partner in a business partnership, then you must keep suitable business records as well as separate ...

The process of registering a trade mark can be very complex, and careful due diligence must be undertaken to decide what exactly is being trade marked...

The cash basis scheme helps many sole traders and other unincorporated businesses benefit from a simpler way of managing their financial affairs. The ...

As the school holidays fast approach, many parents face having to organise extra school holiday childcare over the summer months. HMRC is reminding p...

An ISA is a tax exempt savings account available to UK residents. Whilst the amount invested in an ISA does not benefit from tax relief the income and...

Statement of Practice 4/97 sets out HMRC’s views on the correct treatment for tax purposes of commission, cashbacks and discounts. Cashbacks are...

The assessment of self-employed or partnerships profits is usually relatively straight-forward if the accounting date - the date to which accounts are...

Where a freeholder (or landlord) of a property grants a new lease to a new tenant there are sometimes upfront payments due, usually known as a lease p...