Essential monthly tax news and marketing strategies for busy accounting and tax professionals.

2 minute read.

It’s easy to forget that marketing is more than leaflets and Google Ads, it weaves its way through your entire business. For service based businesses, how you treat your clients is one of the most powerful marketing tools you have.

4 minute read.

The taxpayer was not liable to penalties for the late filing of partnership tax returns, as he was found on the facts not to have been a partner in a partnership.

10 minute read.

This article is from our monthly tax newsletter Tax Insider Professional.

Lee Sharpe looks at the recently-introduced cash basis of assessment applicable to landlords.

The cash basis for property businesses was introduced via F(No 2)A 2017 Sch 2, and its effect is felt liberally around ITTOIA 2005 Pt 3, dotted mainly around ITTOIA 2005 ss 271A–276A, and ITTOIA 2005 ss 307A–307F. 

5 minute read.

Delays in filing the appellant’s tax return caused by delays in his previous agent giving professional clearance to his new agent and the time taken by HMRC in providing information to the new agent constituted a reasonable excuse for penalty purposes.

10 minute read.

In this blog we cover the benefits of content marketing for accountants, and how it can help build your practice.

Tax and accounting practices have often been slow to adopt a full marketing plan, instead relying on word-of-mouth and reputation to build and sustain their practice. But in an increasingly competitive and complex tax market the need to create a strong marketing strategy is more important than ever.

5 minute read.

Nisha Patel looks at the main rules of the new structures and buildings allowance.

The new structures and buildings allowance (SBA) regime has received parliamentary approval and came into force on 5 July 2019. SBA claims can be backdated to give relief on eligible costs incurred on or after the 29th October 2018.

3 minute read.

This Q&A answered by Arthur Weller was featured in Tax Insider Professional in September 2019. Start your free trial today to read all previous Q&As and articles.

5 minute read.

The Approved Mileage Allowance Payments system only applies where an employee uses his or her own car for business journeys. It does not apply where the employee has a company car.

2 minute read.

Viral marketing encourages people to share information online. You have probably seen a ton of viral marketing posts on social media, such as the ice bucket challenge a few years ago, designed to raise awareness of motor neurone disease. Accounting firms can take lessons from these.

4 minute read.

The taxpayer failed to meet all the criteria for a valid change of accounting date because the accounts of the business were for a 20-month period, and therefore the ‘18-month test’ condition was not satisfied.