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?
How to contact HMRC – and avoid the phone queues
Posted by Ben Locker on February 2, 2023Need to know how to contact HMRC while avoiding long phone queues? Then try this way of getting to speak to an HMRC adviser.
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.
HMRC asking wealthy individuals for pre-filing meetings
Posted by Jon Pryse-Jones on September 8, 2022HMRC is writing to wealthy individuals asking them for a telephone meeting before they submit their tax returns. But should you take part?
Electric cars and tax – how to offset the full cost of a new vehicle
Posted by Mark Ingle on April 25, 2022Do you want to buy a company vehicle? If so, it’s worth knowing the rules covering electric cars and tax – they can save you a lot of money!
