Disallowable expenses: don’t try to claim these on your tax return!
Posted by Karen Jones on June 19, 2025If you are self employed, it’s important not to claim disallowable expenses in your Self-Assessment Tax Return – or you could face penalties!
Who pays Corporation Tax? A brief guide.
Posted by Kirsty Demeza on June 12, 2025Who pays Corporation Tax? In this brief guide, we take a closer look at which organisations have to pay Corporation Tax in the UK.
HMRC simple assessments
Posted by Karen Jones on June 2, 2025The number of HMRC simple assessments raised is increasing. Much of the problem is fiscal drag – higher inflation and incomes, combined with static tax thresholds.
Can’t pay VAT? HMRC has online payment plans
Posted by Mark Ingle on May 23, 2025Can’t pay VAT? If your business meets certain criteria, you may be able to make use of HMRC’s online payment plan service.
The new Private Rented Sector Landlords Database is coming..
Posted by Jon Pryse-Jones on May 2, 2025A compulsory Private Rented Sector Landlords Database will soon be introduced in England. If you haven’t declared rental income, do it now to keep penalties lower.
HMRC compliance check tool
Posted by Karen Jones on May 1, 2025We take a look at the HMRC compliance check tool. We explain what it is and how it can help you in the event of a check.
VAT flat rate scheme explained
Posted by Karen Jones on April 28, 2025If you charge more VAT than you spend on purchases, you may benefit from joining the VAT flat rate scheme. We look at how it works.
HMRC Connect – how the taxman is spying on you
Posted by Jon Pryse-Jones on April 25, 2025Did you know the taxman has a powerful data gathering system that uses Artificial Intelligence? Learn what HMRC can find out about you.
Income Tax trap to snare 17.9 million people by 2027
Posted by Jon Pryse-Jones on April 17, 2025A freedom of information request revealed that an extra 17.9 million people will fall into the Income Tax trap by 2027.
Furnished holiday let tax warning
Posted by Jon Pryse-Jones on April 14, 2025If you jointly own a rental property with a spouse or civil partner, you may want to take heed of this furnished holiday let tax warning.
