Capital Gains Tax on sale of property – express service
Posted by Kirsty Demeza on October 6, 2023Capital Gains Tax on sale of property – you now have only 30 days to calculate the tax due, declare it to HMRC and pay over the tax.
IR35 checks – did you know you could do them online?
Posted by Jon Pryse-Jones on October 2, 2023IR35 checks are important for hiring organisations – get them wrong and it gets expensive. We show you how to do IR35 checks online.
Most Self Assessment Tax Returns are handled by Accountants for good reason
Posted by Karen Jones on October 2, 2023Innocent errors on a tax return can be a red flag for HMRC and may well draw unwanted attention to the taxpayer. Engaging an accountant can help.
Central assessment of VAT – HMRC’s process for late returns
Posted by Karen Jones on September 28, 2023When you miss a VAT return, HMRC does a central assessment of VAT. Changes to the system mean it’s more important than ever to file on time. If you don’t, it may be more likely you’ll experience enforcement action.
Need help joining the digital age? We are ready to assist.
Posted by Kirsty Demeza on September 20, 2023Computers are not for everyone. If you are one of those that find the whole “computer thing” daunting then don’t worry as we can help.
Double tax timing whammy…..watch out!
Posted by Jon Pryse-Jones on September 18, 2023Double tax whammy – if you have some outstanding tax or untaxed rental income, then you may be affected by the double tax trap.
Private Residence Relief for CGT – how does it work?
Posted by Karen Jones on September 11, 2023If you sell your main home, Private Residence Relief (PRR) means you normally don’t pay Capital Gains Tax. But there are exceptions!
Is my mobile phone tax deductible?
Posted by Karen Jones on September 4, 2023Is your mobile phone tax deductible? It depends on whether you’re a sole trader, partner or limited company. We explain the rules.
HMRC publishes new advisory fuel rates for company cars
Posted by Jon Pryse-Jones on September 1, 2023If you have employees with company cars, you’ll need to be aware of the new advisory fuel rates that came into force on 1st March 2023.
Could you claim back Stamp Duty? We show you how
Posted by Jon Pryse-Jones on August 24, 2023If you’ve bought an additional home, you may be able to claim back Stamp Duty in certain circumstances. We explain how it works.
