Changes regarding ‘Basis Period Reform’ for self-employed
Posted by Ben Locker on April 10, 2023Details regarding the upcoming ‘Basis Period Reform’. If your accounting year is different to the tax year, it will apply to you.
Don’t forget to file your company accounts
Posted by Mark Ingle on April 7, 2023Forgot to file your company accounts? If you miss the deadline you face ever-increasing penalties…we tell you what’s at stake.
How to reclaim overpaid CGT
Posted by Karen Jones on April 5, 2023Are you struggling to reclaim overpaid CGT on a property sale? If so, we explain how it can be done – and how our accountants can help you.
What are the rules for IHT on gifts?
Posted by Karen Jones on March 29, 2023IHT on gifts has lots of rules and exemptions. We help you navigate the maze so you know how to make gifts with no or low Inheritance Tax.
Pension threshold changes and how to make the most of them
Posted by Jon Pryse-Jones on March 21, 2023In the Spring Budget 2023, Chancellor Jeremy Hunt announced a raft of pension changes. We look at how you can make the changes work for you.
Can HMRC check your private bank account? Yes, and it could become normal!
Posted by Ben Locker on March 20, 2023If you have ever wondered, “Can HMRC check your personal bank account?” this post can help.
Report CGT on UK property – paper forms introduced
Posted by Karen Jones on March 13, 2023If you need to report CGT on UK property, you may need to use a paper form in some circumstances. These are now easier to get hold of.
Pension top up – must be paid by 5th April!
Posted by Jon Pryse-Jones on March 13, 2023It’s always a good idea to review your pension contributions and consider whether it would be beneficial to do a pension top up before the end of the tax year on 5th April.
Reducing inheritance tax – could a deed of variation help?
Posted by Ian Henman on March 1, 2023If you’re the beneficiary of a will, a deed of variation may be useful in reducing inheritance tax payable on the estate.
Social media influencers and tax
Posted by Ben Locker on February 20, 2023HMRC is sending out letters to influencers it believes may not be declaring income. But what are the rules regarding influencers and tax?
