Cycling to work tax savings continue
There are no financial restrictions on the worth of bicycles that can be offered to employees under the cycle-to-work scheme.
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An insight from the gbac team on all things accounting, finance and more.
House prices versus inflation
Bricks and mortar are not always a sure-fire winner. From January 2016 to January 2026, did house prices grow faster than inflation?
A light shone on the limits of the IHT gift rule
The normal expenditure out of income exemption enables individuals to give gifts during their lifetime that are instantly free from inheritance tax (IHT)—eliminating the typical seven-year wait.
Making Tax Digital launches but few are ready
MTD is now live but with low numbers registered with HMRC, many sole traders and landlords affected are still looking at how to comply.
An unwelcome April Fool’s for business tax changes
Businesses faced some less than funny changes in April including reduced capital allowances, increased fines for late filing of corporation tax returns and the closure of HMRC’s free corporation tax return filing portal.
Cryptoasset Disclosure
Only slightly more than £4 million has been disclosed through HMRC’s cryptoasset disclosure service, possibly a sign of the lack of knowledge and adherence to regulations regarding cryptoassets.
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