Simplified expenses for self-employed people – a quick guide
Posted by Karen Jones on July 19, 2023What are simplified expenses for self-employed people? And are they worth claiming? We take a look at the pros and cons.
Savings tax bites as interest rates rise
Posted by Karen Jones on July 17, 2023More and more people are falling into the savings tax trap. We look at why this is happening and ways of legitimately cutting your tax bill.
How to claim Marriage Allowance – without getting ripped off
Posted by Karen Jones on July 14, 2023You can cut your tax bill by hundreds of pounds if you claim Marriage Allowance – but beware of third party services who want to take a cut!
Small business tax planning: For sole traders
Posted by Karen Jones on July 10, 2023If you’re a sole trader, then small business tax planning is important. Here are some top tips for sole traders to help navigate small business taxes and avoid any taxing, last-minute panic.
Tax allowable expenses
Posted by Karen Jones on July 7, 2023Tax allowable expenses and the importance of them being “wholly and exclusive” for business purposes – we explain how it works.
The Residential Nil Rate Band – What Does It Mean For You?
Posted by Karen Jones on July 5, 2023Learn about how the residential nil-rate band (RNRB) and how it applies to inheritance tax (IHT).
Freelance taxes – do you employ freelancers? Don’t fall foul of the taxman
Posted by Karen Jones on June 26, 2023Freelance taxes – does your company use freelancers? Make sure you know the laws or you could receive a large fine from HMRC.
Self-assessment threshold – what you need to know
Posted by Karen Jones on June 19, 2023The self-assessment threshold for PAYE income is currently £150,000. This post tells you what you need to know about the threshold.
Could a delayed phone call land you with a tax investigation?
Posted by Karen Jones on June 16, 2023Tax investigations – waiting to speak to the taxman causes major problems for taxpayers can it even lead to a tax investigation?
VAT Repayment Supplement abolished. But what has replaced it?
Posted by Karen Jones on January 23, 2023The VAT Repayment Supplement of 5% was replaced last year by a new scheme. Sadly, this scheme is a lot less generous.
