Most business owners will do some of their work from home, but what tax relief can they claim for this?

In this month’s Q&A we take a look at HMRC’s guidance for home working costs and how to ensure that an unexpected Capital Gains Tax charge won’t apply when the house is sold.

In April 2017 the government introduced two new £1,000 per annum tax-free allowances in relation to property and trading income.

In this month’s Q&A we take a look at the allowances, which are aimed at so-called micro-entrepreneurs using websites such as Airbnb and Ebay to supplement their income.

Taper relief reduces the Inheritance Tax payable on gifts made during a taxpayer’s lifetime, providing they survive at least 3 years from making the gift.

In this month’s Q&A we take a look at the relief, which actually only applies to gifts over and above the Inheritance Tax nil rate band.

Entrepreneurs’ Relief usually applies to the sale of business assets or shares in a trading company, reducing the Capital Gains tax rate to 10% for qualifying disposals.

In this month’s Q&A we take a look at whether Entrepreneurs’ Relief can be claimed on the sale of a property used by your business, but owned personally.

Many readers are probably blissfully unaware of the Corporation Tax quarterly payment regime, since this only applies to companies with annual profits in excess of £1.5 million.

In this month’s Q&A we take a look at how these rules apply to groups of companies, which sees the threshold split between the companies in the group.