HMRC Rental Income Investigations
If you have received a letter from HMRC about undeclared property income and are unsure what to do, get in touch with us.
January Self-assessment deadline looming…
As the deadline for submitting the self-assessment return is approaching, here is our list of things which are often forgotten, misreported or miscalculated on the tax self-assessment forms.
Act Quickly if You Want to Save
Savers have been urged to act quickly if they want to get the best returns on their money.
History of taxes
Did you know that the Bible has some of the earliest mentions of taxes? Read all about the history of taxation in our brand new blog
Time to Register for Self Assessment
Registering for Self Assessment is an essential requirement for people with an untaxed income.
Do you need to complete a Self Assessment tax return this year?
Taxpayers who are unsure if they need to submit a Self Assessment tax return can talk to us or use HMRC’s online tool to help them work out what they need to do.
Inflation Calculator From ONS
A new, easy-to-use tool to track inflation
Grace Period for Missed Payments
Read more about the latest news about interest rates
Our Secret Weapon: XERO
Read how we can help you with Xero
Impact of Bank of England’s decision to hike rates to 4.5% will be felt mostly by young families
After the 12th consecutive raise, growing interest rates will cost UK mortgage holders £12bn in extra payments, which mostly hit young families. In a report that emphasised the dramatic impact of higher borrowing costs, the Resolution Foundation said the Bank of...
IR35: One year on
It's been a year since IR35 rules were introduced about off-payroll working rules if you engage contractors working through their own limited company. Get in touch with us if you need to understand more how to implement the rules and how it can help your business....
1 April – last date to pay any outstanding tax
HMRC gives Self Assessment taxpayers more time to ease COVID-19 pressures: After extending the self-assessment deadline to 28 February, now 1 April is the deadline to pay any outstanding tax or make a Time to Pay arrangement, to avoid a late payment penalty. Get in...
31 January 2022: Self-Assessment Deadline
Click here for detailed info about your Self-Assessment return
October Deadline Looming
Your HMRC paper tax return must be submitted by 31 October. If even you don't have any tax to pay, there will be penalties, if you send the form after this date. You can fill in your tax return and submit before 31 October, without waiting for the deadline. You can...
Claiming Tax Relief if You Worked from Home
Employees who have worked from home during the pandemic but are now returning to offices can still claim tax relief on household expenses for this tax year, according to HMRC.
New self-employment grants announced
New self-employment grants announced – learn all about them.
IR35: Arriving in April 2021
According to the new changes, coming into force on 6 April 2021, all public sector clients and medium or large-sized private sector clients will be responsible for deciding the workers’ employment status. Read more about it…
Spread your Self Assessment tax bill
Learn all about the new Winter Economy Plan changes for Self-Assessment plans
Brexit: What’s Next
While the world is overwhelmed with the COVID-19 crisis, the Brexit plans are going ahead. Predictably, they will have a financial and legal impact on our business and everyday life. AAT, a professional membership body, collected a list of "what...
Making Tax Digital – What Does It Mean for You?
Some big news about the Government’s ambitious push on Making Tax Digital programme – read more in our blog
Self-Employment Income Support Scheme is now open
If you’re self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19) find out if you can use this scheme to claim a grant.
Claim a grant through the coronavirus Self-employment Income Support Scheme
You can use this scheme if you're self-employed or a member of a partnership in the UK and have lost income due to coronavirus. It's important to know that the online service you’ll use to claim is not available yet and should be made available in mid May...
Sick Pay because of Coronavirus: a brief guide
Boris Johnson today (o4 March 2020) announced a new plan how to deal with coronavirus, and it also included some changed in the law and guidelines how to deal with cases when the workers are advised by NHS to self-isolate. Here we compiled some resources...
IR35: Myths and Reality
Thousands of self-employed workers will face the huge implications from April 2020 when the employment law changes. Find out more here…
The Cost of Christmas
How much does it cost to celebrate Christmas in the UK and how do we pay for it…
VAT Fraud: Some basic facts
VAT is Value Added Tax, is a tax on consumer spending, and some businesses evade paying it through fraud. VAT fraud is one of the most common forms of tax frauds and something HMRC takes very seriously. It usually can occur as the business is not charging...
10 Interesting Tax Facts
Read some weird and wonderful tax trivia about everyone from Peter the Great to Breaking Bad
VAT and Brexit: Implications for you
Find out what’s going to happen Value Added Tax post-Brexit
Four tonnes heavy cryptocurrency
What have the Micronesian island of Yap and Bitcoin got in common?
Deadlines for 2019
Find out what are the important dates to know if you’re self-employed