THP Blog
Watch out for the 60% tax traps…
Posted by Jon Pryse-Jones on June 14, 2019
Are you paying tax at too high a rate? Here we highlight the 60% tax trap and ways to lessen the impact…
Read more
Do you know the real tax cost of your benefits in kind?
Posted by Jon Pryse-Jones on June 10, 2019
Providing your directors or employees with taxable benefits as part of their remuneration package? We examine the real tax cost of your benefits in kind…
Read more
Tax-free gains you can make in 2019-20
Posted by Jon Pryse-Jones on May 20, 2019
We highlight some of the tax-free gains you can make in 2019-20!
Read more
Marriage Tax Allowance – Get a tax break worth up to £1150
Posted by Kevin Wheeler on May 3, 2019
About one million married couples are missing out on claiming up to £1150 from the tax man. Find out if you’re one of them……..
Read more
When do you have to pay your Capital Gains Tax?
Posted by Jon Pryse-Jones on April 15, 2019
Sold an asset that is subject to Capital Gains Tax (CGT)? Here we explain how to work out when you’ll need to pay the tax over to HMRC.
Read more
MTD moves a step closer for half a million businesses
Posted by Jon Pryse-Jones on October 26, 2018
On the 16th October HMRC announced that it was extending its pilot scheme of Making Tax Digital (MTD) to around half a million businesses. Find out if this includes your business and what you will need to do
Read more
Football agent scores massive own goal
Posted by Jon Pryse-Jones on August 24, 2018
HMRC have been quick to publicise their victory in a recent tax case that resulted in well-known former football agent, Jerome Anderson, facing a £1.2m tax bill.
Read more
Working from home? Here’s how to do it….
Posted by Jon Pryse-Jones on August 17, 2018
The proportion of people working from home is on the rise, but many people contemplating this option are puzzled by the tax consequences and in particular, Capital Gains Tax.
Read more
These days the taxman is less likely to raid your property – but is it good news?
Posted by Ben Locker on August 15, 2018
According to law firm Pinsent Masons, HMRC property raids have dropped by 30% due to the taxman developing more effective and less expensive methods of gathering evidence. In other words, if your tax affairs aren’t in order, you’re much more likely to be discovered and investigated.
Read more
Undeclared offshore assets? Better watch out!
Posted by Jon Pryse-Jones on August 10, 2018
HMRC is urging UK taxpayers to declare any foreign income or profits on offshore assets before 30 September to avoid higher tax penalties, as Common Reporting Standard (CRS) will significantly enhance the ability to detect offshore non-compliance.
Read more
