The Taxman has warned those who are late with their self-assessment tax returns that he will use his new penalty powers to the full. What’s the story?

Where a marriage ends, special tax rules come into play which can be particularly tricky if you own a business together. Timing the exchange of assets is vital. What steps can you take to avoid triggering a Capital Gains Tax (CGT) bill?

Last month, the annual investment allowance was drastically cut from £100,000 to £25,000. Worse still, if you don’t time the purchase of equipment right you’ll lose out by even more. What is this trap and how can you avoid it?

In a recent case the tribunal considered whether the value of goods sold with a house are subject to Stamp Duty Land Tax (SDLT). The decision will be important to anyone buying a house. What was the outcome?

In the good times your company bought new equipment which still has plenty of life left in it. Now money is tight you’re considering selling the equipment to a finance company and leasing it back. Is there a tax advantage to this?

One of our subscribers was unlucky enough to be hit with a Companies House penalty for sending in accounts late. His question for us was - do the fine and other fees qualify for a Corporation Tax deduction?

In January, the rules on employee benefits-in-kind changed and can now mean VAT is payable in situations where it didn’t apply before. But is this extra cost to your business a tax-deductible expense?