Ahoy – The End of the Tax Year is Nigh!
Posted by Karen Jones on February 10, 2023The end of the tax year is near, don’t leave your taxes to the last minute, start planning now and leave yourself time to take advantage.
Tax penalties: how much can a dispute cost me?
Posted by Karen Jones on January 26, 2023Tax penalties are very much in the news at the moment. We look at the penalties you could pay if HMRC succeeds in a tax investigation.
VAT Repayment Supplement abolished. But what has replaced it?
Posted by Karen Jones on January 23, 2023The VAT Repayment Supplement of 5% was replaced last year by a new scheme. Sadly, this scheme is a lot less generous.
How to reduce your tax bill legitimately
Posted by Karen Jones on January 19, 2023Tax return season is upon us once again. In this post we explore legitimate ways of reducing your tax bill.
Can’t pay tax bill? This is what you need to do
Posted by Karen Jones on January 16, 2023Can’t pay tax bill? If you’re in this position, it’s important to act now if you want to set up a repayment plan and avoid penalties.
Inheritance Tax investigations net HMRC record sums
Posted by Karen Jones on January 9, 2023HMRC is opening more Inheritance Tax investigations than ever – and raking in record sums. We take a look at why this is happening – and how.
4 good reasons to beat January’s self-assessment tax return deadline
Posted by Karen Jones on December 14, 2022January’s self-assement tax return deadline is almost here. But don’t wait until then to do it – this year it’s important to do it early!
Late self-assessment? Beware the tax return ‘super penalty’
Posted by Karen Jones on December 12, 2022Late self-assessment penalties can soon get expensive. But did you know HMRC has the power to impose a 200% ‘super penalty’ in some cases?
CGT exemption reduction: should landlords sell up now?
Posted by Karen Jones on November 28, 2022CGT changes announced back in 2022 mean the tax-exempt Capital Gains Tax allowance is now shrinking. So should you sell up?
Ethical tax planning – is it worthwhile?
Posted by Karen Jones on November 9, 2022We discuss the benefits of ethical tax planning and seek to explain why this is a valuable route to take when looking to reduce tax.
