by T | Aug 18, 2024 | Blog, News
Gift Aid is a UK government scheme that allows charities to claim back tax on donations made by individuals who are taxpayers. When you donate to a charity, if you are a UK taxpayer, the charity can increase your donation by 25 percent at no extra cost to you. This...
by T | Jul 26, 2024 | Blog, News, Uncategorized
VAT Registration Estimator HM Revenue and Customs (HMRC) has rolled out a new digital tool to help businesses figure out what registering for VAT might mean for them. The VAT Registration Estimator was created after small businesses said they’d find an online tool...
by T | Jun 29, 2024 | Blog, News, Uncategorized
Second Payment Deadline HMRC deadlines can be quite confusing sometimes, and we would like to remind everywhere that if you’re making advance payments towards your tax you owe. Advance payments are called payments on account. You have to make 2 payments on...
by T | May 25, 2024 | Blog, News, Uncategorized
Online Voluntary National Insurance Payments Service The government has made it easier for people to check and fix gaps in their National Insurance (NI) record to increase their State Pension and launched a new online service in April. The new service, called...
by T | Jan 14, 2024 | Blog, News, Uncategorized
HMRC Rental Income Investigations Recently, we have been hearing from our new and existing clients about letters they received from HMRC to investigate if they have been getting property income without declaring. HMRC currently employs a system to investigate rental...
by T | Dec 18, 2023 | Blog
January Self-assessment deadline looming… If you’re filing your tax return online for the year 2022-2023, it must be submitted to HMRC by midnight on 31 January 2024. You’ll also need to pay any tax you owe by this date and any balancing payments...