Hippodrome and VAT partial exemption: standard method or only method?
Hippodrome v HMRC (2025) reinforced the difficulty of convincing HMRC to approve partial exemption special methods (PESMs) to calculate residual input VAT recovery.
Indian bank interest: the UK tax consequences
Guidance on the UK tax implications of any Indian bank account interest received, and your responsibility to disclose this income to HMRC.
Year-end tax planning: top 10 tips for 2026/27
Prepare yourself and your finances for the 2026/27 tax year.
UK lower midmarket M&A outlook for 2026
Thinking of buying or selling a UK business? Review key 2024–25 developments and the forces shaping the year ahead.
VAT treatment of overage payments in the property sector
HMRC guidance in relation to the VAT treatment of overage payments may affect your property sale.
Why your EBITDA is about to change in 2026
With the amended FRS 102 accounting standard effective from 1 January 2026, many companies will see a noticeable shift in EBITDA.
Understanding the first-year audit process
How we guide businesses through their first audit by managing their risks and supporting their goals.
Taxation Readers’ Forum: Tax on a receipt to a wound-up estate
Answering a query on the inheritance tax implications of 'compensation' being paid by a bank to an estate that had been wound up.
Rolling the dice on VAT: why in-game currency isn’t legal tender
If in-game currency is bought with real money, then resold for real money, is VAT due on those sales?
Major changes for cross-border VAT groups
Businesses with cross-border VAT groups should review their structures urgently, so the group (or part of it) is not at risk of disassembly.
Hotel La Tour: a key decision on fundraising-related input VAT
For property and hospitality businesses, the Supreme Court decision in Hotel La Tour raises understanding of fundraising-related input VAT.
The Moment – December 2025
The Moment brings you our latest insights and updates to help you make the most of them. December 2025 Issue.