Home Businesses – Travel Expenses Trouble!

Home Businesses – Travel Expenses Trouble!

Claiming tax relief for travel expenses from home is not as straightforward as some self-employed individuals might think Many self-employed individuals work from home. It can often be difficult to determine whether travel expenses from home on business are an allowable deduction for tax purposes. Why is that the case? ‘Wholly and exclusively’ rule The. Read more

HMRC enquiries: Cash business? Be prepared to stand your ground!

HMRC enquiries: Cash business? Be prepared to stand your ground!

Cash businesses might be seen as a soft target by HMRC for enquiries but in a recent tribunal case the taxpayers successfully defended themselves Tax return enquiries by HM Revenue & Customs (HMRC) are an unwelcome prospect for any taxpayer. In fact, HMRC enquiries can be very worrying, stressful and time consuming. Taxpayers who run. Read more

BPro Tax

Tax Online

Online access to Bloomsbury Professional books, looseleafs and journals, across numerous practice areas. Free Trial