Personal Tax Planning – Checklist for Tax Year End
Personal tax planning should be at the top of your agenda this month as there is less than a month to go until the end of the tax year.
Tax Returns for Dental Practice – Are Your Accounts Squeaky Clean?
If you are a dentist and you are looking for an accountant who is capable of saving you money, then you’ve come to the right place. Click through to learn more!
Director’s Loan Account (DLA) – How Does it Work?
Director’s loan accounts are relatively straightforward, but they can become quite complicated when you look into the finer detail. Click through to learn more.
Changes to the VAT Flat Rate Scheme – What Does it Mean for You?
VAT Flat rate scheme changes have been confirmed by HMRC and they will be effective from 1 June 2022. Find out more!
CGT Return on Sale of a UK Residential Property – 60 Day Deadline
UK residents are required to report any Capital Gains Tax liability and pay any Capital Gains Tax due within 60 days of the completion of the sale.
Tax Relief on Pension Contributions Explained
Do you want to know about the tax relief on pension contributions? Click through to see how you can maximise tax efficiency by contributing to a pension scheme.
Tax on Airbnb Income in the UK – How Does it Work?
If you’re looking to tap into this market or currently earn an income through Airbnb or a rental property, it’s important that you understand the tax implications.
Letter from HMRC about Overseas Assets, Income or Gains
Have you received a letter from HMRC about overseas assets, income or gains? If yes, read on to find out what you should do next.
Making Tax Digital (MTD) for VAT Changes from April 2022
MTD for VAT changes include mandatory requirements for all VAT-registered businesses to file VAT returns digitally through MTD, regardless of turnover.
Self-assessment Filing Deadline has been Extended by a Month (28 February 2022)
HMRC has waived late filing and late payment penalties for self-assessment taxpayers by one month, effectively delaying the Self-assessment filing deadline to 28 February 2022.
Covid-19 Grant Payments – What Do You Need to Declare on Tax Return?
Covid-19 grant payments must be declared on the 20/21 tax return & HMRC is reminding SA customers about the same during this tax return season.
Residence Nil Rate Band (RNRB) – How Does it Work?
Residence Nil Rate Band (RNRB) was introduced in 2017 with the aim of protecting the family home from IHT. Learn all about it!
Full Customs Controls – Get Ready for Changes from 1 January 2022
Full customs controls will be introduced from 1 January 2022 and HMRC have contacted traders reminding them to prepare accordingly.
2% Digital Tax on UK-based Crypto Exchanges Has Been Confirmed
Digital Tax on Crypto Exchanges has been confirmed by HMRC in their latest update as cryptocurrencies such as Bitcoin are not commodities or money.
State Pension Increase: How Much Will Pensions Rise in 2022
In April 2022, the state pension amount will increase by 3.1% for the tax year 2022/23. Click through to learn all the details.