Do I need an accountant if I use cloud accounting software?
Posted by Mark Ingle on September 1, 2022Many people ask: “Do I need an accountant if I use cloud accounting software?” If you want to achieve your financial goals, the answer is yes!
CGT returns: thousands miss property reporting deadline
Posted by Jon Pryse-Jones on August 25, 2022Over the last two financial years, over 50,000 people have filed late CGT returns after selling a property. We look at why this is happening.
Inheritance Tax insurance and the 7-year rule
Posted by Ian Henman on August 18, 2022More and more people are getting caught in the IHT trap. Can Inheritance Tax insurance be helpful when making gifts to family and loved ones?
CGT on rental property fuelling a record tax take?
Posted by Jon Pryse-Jones on August 9, 2022The government is taking more in CGT than ever before. Is CGT on rental property fuelling this record tax take as landlords sell up?
Got a pension? HMRC may owe you £3000+ in overpaid tax
Posted by Karen Jones on August 1, 2022If you have taken money from your pension pot, there’s a chance that HMRC could owe you over £3,000 in overpaid tax.
Paying taxes early? Be careful!
Posted by Karen Jones on July 28, 2022HMRC slapped fines on one business owner for paying taxes early. A tribunal overturned the penalties, but it pays to be careful!
CGT liability on divorce / separation: the changes explained
Posted by Jon Pryse-Jones on July 25, 2022Did you know that the rules governing CGT liability on divorce / separation are set to change? We talk you through the new legislation.
Do you pay tax on tips? A brief guide
Posted by Karen Jones on July 21, 2022“Do you pay tax on tips?” It may be a simple question, but the answer is surprisingly complex. In this article we take a closer look.
MTD for VAT penalties and reporting requirements
Posted by Mark Ingle on July 18, 2022Since April 2022, all VAT registered businesses have had to comply with MTD for VAT. We look at the MTD for VAT penalties for non-compliance?
Tapered Annual Allowance, Pensions and Carry Forward..
Posted by Laurence Sanderson on July 18, 2022Understanding what tapered annual allowance is and how carry forward works should help you assess what can be done to minimise the loss of tax relief on your pension.
