Made a trading loss? Here’s how you can use it to cut your tax bill….Posted by Mark Ingle on August 3, 2020
A trading loss can sometimes result in a tax refund. Learn more about how to obtain relief for your trading losses.
Domestic Items Relief and LandlordsPosted by Karen Jones on July 31, 2020
Understanding when domestic items relief can be claimed is important as it determines whether a cost is tax-deductible or not.
Cloud accounting: time to switch?Posted by Kirsty Demeza on July 29, 2020
Being flexible and agile in business is more important than ever. Find out why now could be time to switch to cloud accounting software.
Letting properties without telling the taxman? He’s scouring the Land Registry..Posted by Jon Pryse-Jones on July 27, 2020
Have you been letting properties without telling the taxman? There might be a chunky fine coming your way for failing to disclose.
Making Tax Digital changes for landlords and the self-employedPosted by Kirsty Demeza on July 22, 2020
HMRC is introducing Making Tax Digital changes in 2022 and 2023. What are they, what do you need to do, and should you register early?
Capital Gains Tax on sale of property – express servicePosted by Kirsty Demeza on June 29, 2020
Capital Gains Tax on sale of property – you now have only 30 days to calculate the tax due, declare it to HMRC and pay over the tax.
SSP Rebate – can you reclaim Statutory Sick Pay paid to employees with Coronavirus?Posted by Samantha Rowe on June 1, 2020
Can you claim back a Statutory Sick Pay (SSP) rebate for SSP paid out as a result of Coronavirus? In this blog we explain the process and the conditions that will need to be fulfilled if the claim is to succeed.
Using your home as an office and taxPosted by Karen Jones on May 4, 2020
Claiming Tax relief on expenses for using your home as office including capital allowances for purchasing equipment used for business.
Be aware of coronavirus scam emailsPosted by Liz Cordell on April 27, 2020
The tell-tale signs which could help you decide if a Coronavirus Job Retention Scheme email is actually one of the coronavirus scam emails.
Could a delayed phone call land you with a tax investigation?Posted by Jon Pryse-Jones on March 13, 2020
Been on hold waiting to speak to the taxman? You are not alone, the delay causes major problems for taxpayers which can result in tax investigations.