Change of basis period

So, the end of another tax year has passed and with that a new tax year starts. Whilst some of the focus will be on collating your tax return information to enable you or your advisers to prepare your tax return for the year ended 5 April 2023, consideration also...

Making Tax Digital for Landlords

I am sure that there are not many people that have not heard the term “Making Tax Digital”. But how many landlords actually realise that this could affect them and that they will have to get up to speed with this new way of reporting income and expenses to HMRC. As...

Deprivation of assets and care home fees

It is well known that when looking at funding for care home fees, local councils look at means testing when assessing someone’s ability to pay for care fees. I think that it is also well known that there is pressure on council budgets and the number of people...