You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.

Call 01376 653196 - Email clients@braintreetaxadvisers.co.uk

Blog

24 Jun 2026

Alternative dispute resolution

The first indication a taxpayer may receive that they are the subject of a tax enquiry or investigation is a letter from HMRC.

22 Jun 2026

Cash basis for landlords

As for unincorporated trading businesses, the cash basis is the default basis of accounts preparation for landlords running an unincorporated property business.

19 Jun 2026

Extracting profits as rent

Where a business is run through a personal or family company, the directors/shareholders will need to extract profits if they are to be used personally.

16 Jun 2026

Utilising the property allowance

The property allowance is essentially an additional personal allowance for income from property.

12 Jun 2026

Reclaiming the cost of statutory payments

Employers must make statutory payments to employees who meet the eligibility criteria.

10 Jun 2026

Using the advisory fuel rates

HMRC publish mileage rates for petrol, LPG and diesel and electric cars.

08 Jun 2026

Relief for homeworking expenses

Where an employee works at home, they may incur additional household expenses as a result, such as additional heating and lighting costs, the cost of business phone calls on a home phone, additional insurance costs and additional cleaning costs.

04 Jun 2026

Writing off a director’s loan

In a personal or family company, there are often transactions between the company and the director(s).

01 Jun 2026

Escaping the HICBC

The High Income Child Benefit Charge (HICBC) is a tax which claws back child benefit where the recipient or their partner has adjusted net income of £60,000 or more in the tax year.

28 May 2026

Director loans: When borrowing from your company can be expensive

Convention has it that in times of high interest rates, borrowing from your company is invariably more tax efficient than borrowing from other sources such as a bank.

26 May 2026

VAT traps for small businesses: Common compliance mistakes

While the rules regarding VAT compliance may appear straightforward at first glance, there are several common pitfalls that can lead to problems which, if not rectified, can lead to penalties.

25 May 2026

Working from home – The new/old tax rules

For many years, employees required to work from home could claim tax relief for additional household expenses incurred personally, even where not reimbursed by their employer.

Archive News

Click here to access our full archive