Home » News » Tax Tips and News

Tax Tips and News

Axe falls on tax benefits for Furnished Holiday Lets
Newsletter issue – September 2024 The Government has published a policy paper confirming the abolition of the Furnished Holiday Lettings (FHL) tax regime. It will mean that property investors will no longer get the existing tax benefits of FHLs from next April. The previous Conservative government had unveiled plans to scrap it in the Spring…Read More
Are we going back to the future for CGT?
Newsletter issue – September 2024 In 1989, Conservative Chancellor Nigel Lawson decided to change the rules around Capital Gains Tax so that it was applied at whatever the taxpayer's marginal rate was. It remained that way all the way through to 2008. Since that point it has been tinkered with various times – by both…Read More
Digital platform rules: new guidance ahead of first report deadline
Newsletter issue – September 2024 In four months' time, the first reports are due for compliance with the new Digital Platform Reporting rules. The regime, introduced on 1 January this year, requires UK digital platforms to collect and report income information for sellers using their platforms. The first reports must be submitted before the end…Read More
UK and Ecuador announce tax treaty
Newsletter issue – September 2024 The Government has published details of a new tax treaty with Ecuador. The UK and Ecuador signed their first comprehensive double tax treaty on 6 August. Once ratified, it will affect taxation on income and gains between the two countries. It will mainly cover UK income tax, corporation tax and…Read More
September Questions and Answers
Newsletter issue – September 2024 Q: I'm interested in investing in a startup and I’ve heard about the Seed Enterprise Investment Scheme. I'm considering investing £30,000 in a company that qualifies this tax year. What tax relief can I expect? A: You're right in identifying that The Seed Enterprise Investment Scheme (SEIS) may be helpful…Read More
September Key Dates
Newsletter issue – September 2024 1st New advisory fuel rates for company cars take effect 6th Final deadline for businesses for filing P11Ds for employees 19th For employers operating PAYE, this is the deadline to send an Employer Payment Summary (EPS) to claim any reduction on what you’ll owe HMRC 22nd Deadline for employers operating…Read More

Archived Tax Tips and News

Tax Tips & News RSS Feed

Service	Name	Purpose	Expires
	PHPSESSID	This cookie stores a visitor's unique, randomly generated, session id and is used to pass information between site applications to enable them to function correctly. It is forcibly expired when the user closes the browser.	Expires on browser close
	nc_status	This cookie is used to optimise website traffic and distribution of services.	1 day
	nc_sid	This cookie is used to optimise website traffic and distribution of services.	Expires on browser close
	cookie_analytics	This cookie is used to define the option to enable or disable analytic and marketing cookies used for the website.	1 month
	ow_ac	This cookie is used to define whether cookiebar is displayed or not.	1 month
WordPress	wordpress_sec	This cookie stores a visitor's unique, randomly generated, session id and is used to pass information between content management system called WordPress to enable it to function correctly. It is forcibly expired when the user closes the browser.	Expires on browser close
WordPress	wordpress_logged_in_xxxx	Creates a session of the user currently logged into the website through the WordPress login page. This expires upon browser close.	Expires on browser close
WordPress	wp-settings-x	Wordpress sets a few wp-settings-[UID] cookies. The number on the end is your individual user ID from the users database table. This is used to customize your view of admin interface, and possibly also the main site interface. This cookie is only applied to persons logging into the website through WordPress.	Expires on browser close
WordPress	wp-settings-time-x	Wordpress sets a few wp-settings-{time}-[UID] cookies. The number on the end is your individual user ID from the users database table. This is used to customize your view of admin interface, and possibly also the main site interface. This cookie is only applied to persons logging into the website through WordPress.	Expires on browser close
WordPress	_icl_current_language	This cookie allows the built in WordPress Multilanguage plugin, to store the user’s current language. This is critical for allowing the site to function properly.	1 day
WordFence	wfwaf-authcookie-(hash)	This cookie is used by the Wordfence firewall to perform a capability check of the current user before WordPress has been loaded. This cookie will only be applied for users who have logged into the website.	Expires on browser close
Litespeed	_lscache_vary	This cookie allows Litespeed to store the user’s login status, the role of current user and if it has admin bar showing or not.	2 days
Litespeed	ls_smartpush	This cookie allows Litespeed to store server settings to help with performance.	2 days

Name	Purpose	Expires
_ga	This helps us count how many people visit by tracking if you’ve visited before.	2 years
_gid	This helps us count how many people visit by tracking if you’ve visited before.	24 hours
_gat_irisOpenWebsite	This helps IRIS Software Group, the developer of the website, to monitor site performance for . The data collected is anonymous and is only used for analysing website performance overall.	24 hours
_gat	This is used for managing the rate at which page view requests are made.	Expires on browser close

Tax Tips and News

Subscribe to our newsletter

Current Tax News Updates