How to reduce your Corporation Tax bill…
Posted by Karen Jones on March 29, 2024We have devised a few suggestions on how to reduce your Corporation Tax bill. Forward Tax planning is key to reducing taxes.
What improvements are allowed for Capital Gains Tax?
Posted by Karen Jones on March 25, 2024If you improve an asset, you can deduct the cost from CGT. But what improvements are allowed for Capital Gains Tax?
Working from home tax break: not as generous as it was in COVID times!
Posted by Karen Jones on March 8, 2024Have you been claiming the working from home tax relief? If so, make sure you know the correct rules for the current tax year.
Government Gateway accounts to be replaced
Posted by Karen Jones on March 4, 2024The government is phasing out Government Gateway accounts. Soon you’ll be able to access central government services using a single login.
HMRC continues to clamp down on unpaid dividend tax
Posted by Karen Jones on February 12, 2024HMRC continues to write to business owners it believes have failed to declare and pay dividend tax. We tell you what you need to know.
ATED return (Annual Tax on Enveloped Dwellings) – don’t forget!
Posted by Karen Jones on February 2, 2024Do you have a company which owns residential properties valued at over £500k? If you do, then you may have to file ATED returns (Annual Tax on Enveloped Dwellings) and pay additional taxes on them.
How to pay CGT the easy way
Posted by Karen Jones on February 1, 2024If you need to pay CGT on items other than property, there are two ways to do it. Surprisingly, many people fill in a tax return needlessly.
HMRC repays £38m in pension tax
Posted by Karen Jones on January 29, 2024In the last quarter of 2023, the taxman repaid £38 million in overpaid pension tax. We help you understand whether you’re due a refund.
R&D and Capital Allowances – two ways your business can reclaim money!
Posted by Karen Jones on January 22, 2024R&D and Capital allowances claims are two ways that may help your business reclaim some money back. Learn more about applying here.
The tax late submission penalties system explained
Posted by Karen Jones on January 12, 2024Did you know about HMRC’s tax late submission penalties? We explain how the points-based system works.
