MTD for ITSA update
Posted by Jon Pryse-Jones on July 7, 2022MTD for ITSA will apply to sole trader businesses and individuals with income over £50,000 from April 2026.
Plastic Packaging Tax Returns – what do I need to know?
Posted by Ben Locker on July 1, 2022We tell you all that you will need to know about plastic packaging tax and tax returns.
Tax Rebate Companies in HMRC’s sights
Posted by Jon Pryse-Jones on June 23, 2022Tax rebate companies promise refunds – but often take a huge slice of what you’re owed. HMRC is now seeking views on repayment agents.
HMRC penalties on the rise – don’t get caught out
Posted by Karen Jones on June 20, 2022The taxman is stepping up his investigations and HMRC penalties are on the rise. We explain how to avoid getting hit by these unwelcome bills
Tax-free allowances 2023-24: a quick guide
Posted by Jon Pryse-Jones on June 13, 2022With the cost of living rising, it’s a good idea to make the most of your tax-free allowances. We look at the main ones available to you.
Gifts and Inheritance Tax: don’t fall foul of the rules!
Posted by Ian Henman on June 6, 2022Do you understand the complex rules governing gifts and Inheritance Tax? If not, HMRC could easily hit you with an unexpectedly high IHT bill.
Electric cars and tax – how to offset the full cost of a new vehicle
Posted by Mark Ingle on April 25, 2022Do you want to buy a company vehicle? If so, it’s worth knowing the rules covering electric cars and tax – they can save you a lot of money!
How do I arrange a Self-Assessment payment plan?
Posted by Mark Ingle on January 20, 2021Are you going to struggle paying your tax bill this year? If so, you may be able to apply for a Self-Assessment payment plan online.
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.
Children aged under 18 and tax – a few key considerations
Posted by Jon Pryse-Jones on October 6, 2017Income tax and National Insurance As with adults, children aged under 18 can earn up to the tax free allowance in each tax year (£12,500 in 2020/21) and pay no income tax.
