Got a pension? HMRC may owe you £3000+ in overpaid tax
Posted by Karen Jones on August 1, 2022If you have taken money from your pension pot, there’s a chance that HMRC could owe you over £3,000 in overpaid tax.
Not claiming Child Benefit? You could be damaging your state pension
Posted by Karen Jones on August 1, 2022If you are in the High Income Child Benefit Charge bracket, not claiming child benefit can be a costly mistake as you maybe putting your state pension at risk.
Paying taxes early? Be careful!
Posted by Karen Jones on July 28, 2022HMRC slapped fines on one business owner for paying taxes early. A tribunal overturned the penalties, but it pays to be careful!
Tax refund scams are on the rise. Here’s how to avoid them…
Posted by Karen Jones on July 22, 2022Tax refund scams are on the rise… don’t get caught out, here we look at how to stop and avoid them…
Do you pay tax on tips? A brief guide
Posted by Karen Jones on July 21, 2022“Do you pay tax on tips?” It may be a simple question, but the answer is surprisingly complex. In this article we take a closer look.
Charities and VAT: HMRC changes definition of ‘business activity’
Posted by Karen Jones on July 14, 2022HMRC changed the way it defines ‘business activities’ sometime ago. This could have implications for organisations, charities and VAT liability.
HMRC penalties on the rise – don’t get caught out
Posted by Karen Jones on June 20, 2022The taxman is stepping up his investigations and HMRC penalties are on the rise. We explain how to avoid getting hit by these unwelcome bills
Tax Return deadline looms. Don’t forget to pay any amounts due by 31 January!
Posted by Karen Jones on January 9, 2021The Tax Return online submission deadline is looming ever closer (31st January) so If you haven’t made your submission or provided everything to your accountant you are very short on time to get this done.
