Pro Taxman Blogs

Relief for pre-trading expenses
Pre trading expenses

Relief for pre-trading expenses

In setting up a trade it is inevitable that expenses will be incurred before the trade actually commences. Expenses may be incurred on acquiring premises

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Voluntary disclosure
Voluntary disclosure

Voluntary disclosure

Voluntary disclosure involves individuals or businesses coming forward to inform HMRC of any errors or omissions in their tax returns, unpaid taxes or any other

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Extracting profits from a property company
Finance & Accounting>Company

Extracting profits from a property company

Recent tax changes, in particular the interest restriction for unincorporated property businesses with residential lets, have resulted in more landlords operating via a property company.

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Tax and influencers
Tax

Tax and influencers

Earlier this year, HMRC sent ‘nudge’ letters to social influencers who they suspect may not have declared the tax that they owe. They have also

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