Do you have offshore assets?

Posted on October 27, 2017

UK Taxpayers with undeclared UK Tax liabilities because of undeclared offshore Assets, need to settle their tax liabilities by 30 September 2018 or face penalties of up...

Problems with Childcare?

Posted on August 10, 2017

Childcare is now an expensive business with the average cost of a full time UK nursery place being over £11,000 for a child under 2. Childcare now takes up a...

Do you need an accountant to file your tax returns and accounts?

Posted on July 7, 2017

There is no requirement to use an accountant to fulfil the requirements to file your company accounts and tax returns, but you need to be mindful that penalties, which...

Have you done your 16/17 personal tax return?

Posted on May 26, 2017

The early birds will now be thinking (or may already have completed) their 16/17 personal tax returns, which cover the period 6/4/16 – 5/4/17, the deadline for...

Genuine HMRC correspondence?

Posted on April 27, 2017

HMRC have a couple of useful links which explains how HMRC will contact customers and examples of scams as well as a list of bogus email addresses....

Taxation of buy to let

Posted on April 25, 2017

The taxation of buy to let investing has changed significantly from April 17. Prior to April 17 a landlord was able to obtain full tax relief on all mortgage interest...

The National Insurance Problem

Posted on March 10, 2017

The budget this week has created a bit of a backlash from some newspapers and MP’s as being an attack on the self employed. National Insurance is primarily used by...

Budget 8 March 2017

Posted on March 8, 2017

Today Philip Hammond delivered a Budget to prepare Britain for a brighter future with a ‘fair, stable and competitive’ tax system. The main highlights are set out...

15/16 Personal Tax Returns

Posted on February 23, 2017

HMRC have reported around 840,000 people missed filing their 15/16 personal tax returns which were due by 31 Jan 17. By missing the return deadline they will receive a...

Personal tax return penalties

Posted on February 7, 2017

Now the personal tax return deadline of 31 January 17 has passed if you haven’t submitted your 15/16 personal tax return, and were supposed to, a late filing fee...

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