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.
How to reduce your tax bill legitimately
Posted by Karen Jones on January 19, 2023Tax return season is upon us once again. In this post we explore legitimate ways of reducing your tax bill.
Can’t pay tax bill? This is what you need to do
Posted by Karen Jones on January 16, 2023Can’t pay tax bill? If you’re in this position, it’s important to act now if you want to set up a repayment plan and avoid penalties.
Inheritance Tax investigations net HMRC record sums
Posted by Karen Jones on January 9, 2023HMRC is opening more Inheritance Tax investigations than ever – and raking in record sums. We take a look at why this is happening – and how.
4 good reasons to beat January’s self-assessment tax return deadline
Posted by Karen Jones on December 14, 2022January’s self-assement tax return deadline is almost here. But don’t wait until then to do it – this year it’s important to do it early!
Late self-assessment? Beware the tax return ‘super penalty’
Posted by Karen Jones on December 12, 2022Late self-assessment penalties can soon get expensive. But did you know HMRC has the power to impose a 200% ‘super penalty’ in some cases?
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.
