Self-employed tax twisters

January 19th, 2022
We are often asked why a self-employed person is paying so much tax when their drawings from their self-employed busines... Read this article >>

Landlords and tax – the basics

January 18th, 2022
The following definitions set out how property income is calculated and taxed: Rental income – includes rents, amo... Read this article >>

More time to file tax returns and pay tax due

January 13th, 2022
HMRC is responding to the pressures we all feel as the new COVID-19 variant, Omicron, makes normal life difficult once m... Read this article >>

Are you registered to use MTD for VAT?

January 11th, 2022
Businesses are reminded to take steps to prepare for Making Tax Digital for Value Added Tax (VAT) before it becomes mand... Read this article >>

Don\’t forget to declare COVID-19 grants

January 6th, 2022
HMRC have issued the following guidance to taxpayers who may have received COVID-19 grants during the 2020-21 tax year. ... Read this article >>

Will your earnings exceed any of these amounts in 2021-22?

January 5th, 2022
£100,000 – Loss of income tax personal allowance Your income tax personal allowance – £12,570 fo... Read this article >>

Tax Diary January/February 2022

January 4th, 2022
1 January 2022 – Due date for Corporation Tax due for the year ended 31 March 2021. 19 January 2022 – PAYE a... Read this article >>

January is tax payment time

January 4th, 2022
As you will see from the tax diary notes this month, there are two significant tax payment deadlines this month. 1 Janua... Read this article >>

Time to dust-off those online shop plans?

January 4th, 2022
Do you have half-completed plans to open an online-shop this year? Even if you have never considered internet trading, c... Read this article >>

Lockdown survival tactics

January 4th, 2022
We have listed below a number of ideas that might ease your progress through any continuing COVID-19 related disruption ... Read this article >>