A recent tax tribunal has settled a chocolate-related VAT question: are Nutella Biscuits ‘chocolate-covered’? In the case of Ferrero Ltd v HMRC, the First Tier Tribunal ruled that Nutella Biscuits should be…
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In a recent Upper Tribunal case (Investment and Securities Trust Limited v HMRC), a company won part of its appeal over property tax reliefs. The Upper Tribunal found that the…
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HMRC has released long-awaited guidance on how people who are digitally excluded can apply for an exemption from Making Tax Digital (MTD) for Income Tax. If you think you may…
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In the Autumn Budget 2024, the Chancellor announced plans to limit two key Inheritance Tax (IHT) reliefs - Agricultural Property Relief (APR) and Business Property Relief (BPR) - from 6…
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Official figures show the UK government borrowing rose to £20.2 billion in September - the highest for that month in five years. The data, released by the Office for National…
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HMRC has updated its Advisory Fuel Rates (AFRs) - the rates employers use to reimburse employees for business travel in company cars. From 1 September 2025, there are now two…
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HMRC has published new advisory fuel rates from the 1st September 2025. These are the rates employers can use to reimburse employees for business mileage in company cars without creating…
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From April 2026, people receiving the state pension are likely to see an increase of more than £500 a year, thanks to the government’s triple lock guarantee. This policy raises…
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