My Latest Blogs
11th April 2024
Do you need to re-register for Child Benefits?
If you’ve heard about the changes post 5 April 2024 and are wondering whether you need to re-register for Child Benefits, this is the blog post for you. If you have been affected by the increase in the High Income Child Benefit Charge cap to £60,000, then you may need to restart your Child…
26th February 2024
Short Term Lets and Airbnb: Planning Permission
Thinking of offering your property for short term lets? Planning permission may be required. What’s Changing? From this summer the Government will introduce legislation to require owners of new short term lets in England to secure planning permission to use their properties for this purpose. You will need to be aware of this requirement…
1st February 2024
End Of Year Tax Planning: Pre 5 April
Have you thought about your end of year tax planning? As another tax year end comes around we turn our thoughts to any tax planning that can be undertaken before the 5 April. You can find a link to our general tax planning guide here Tax Year End Planning Feb 2024, as a reminder…
26th January 2024
Capital Gains Tax: Private Residence Relief – Burden of Proof
The recent First Tier Tribunal case of Patwary (https://caselaw.nationalarchives.gov.uk/ukftt/tc/2024/53) considered the burden of proof that a property was a only/main residence for tax relief purposes. The availability of Private Residence Relief (PRR) available on your only/main residence is one of the most valuable Capital Gains Tax (CGT) tax relief’s available. PRR will exempt…
9th December 2023
Selling On Digital Platforms: Don’t Get Caught Out
From January 2024 digital platforms like eBay, Vinted, Etsy and Airbnb will have to collect seller data and send onto HMRC. Do you sell items on these digital platforms? If you are one of the many who sell on digital platforms such as eBay, Vinted, Airbnb and Etsy then be warned that from 1…
12th October 2023
Company Electric Vehicle (EV) Charging At Home
HMRC has amended guidance on the tax treatment of electric charging of company cars and vans at residential properties. Many business owners will have purchased an electric car or van, owned within a company, over the last few years, attracted by the generous business and personal tax treatments. Where this Electric Vehicle (EV) has…
7th September 2023
Probate: We can help
We understand the loss of a loved one is a stressful and difficult time. If you find yourself in the unfortunate position of having to complete a probate application we can assist and support you through the process. Since 2015 Whitings LLP has been licenced to deal with non-contentious probate and we are undertaking…
21st June 2023
Airbnb hand over ‘goldmine’ of hosts’ data to HMRC. Are you at risk?
Airbnb has been forced to share users’ income details with HM Revenue & Customs (HMRC) according to widespread reports in the press. It is part of a crackdown on holiday let owners who fail to declare their incomes and to help HMRC identify people who owe tax. If you have not already declared any rental…
24th March 2023
Tax Enquiry and Investigation Service Cover
As I am sure we are all aware HMRC are able to open investigations into the accuracy of tax returns, VAT returns, payroll, etc via targeted, or random, tax enquiries. With an ever increasing budget deficit I fully expect HMRC to raise more enquiries this year to increase tax revenues. You will want to be…
14th February 2023
Pre 5th April tax planning ideas
As we approach another tax year end our thoughts turn to any tax planning that can be undertaken. You can find a link to our tax planning guide as a reminder of the basic planning opportunities to be considered each year. But with a Budget looming on 15 March 2023, it would be prudent to…