Changes in Dividend Allowances

Posted on March 28, 2018

From 6 April 2018 there are significant changes to the tax free Dividend Allowances. Currently the tax free Dividend allowance is £5,000 in the 18/19 tax year, ie from...

Property taxation

Posted on February 1, 2018

Should you should hold rental property privately or through a limited company? The answer to most of these types of questions, is it depends on your specific...

Self Assessment deadline looming

Posted on January 24, 2018

The deadline for self assessment tax returns is drawing near, its midnight next Wednesday 31 January 2018, so not a lot of time to get your self assessment tax return...

Budget 2017 – Highlights

Posted on November 22, 2017

Research and Development An additional £2.3bn will be made available to fund an increase in the research and development tax credit to 12%. This will take effect from 1...

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...

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