Making Tax Digital – MTD for Landlords and Sole Traders from April 2024
MTD for ITSA also referred to as MTD for Landlords and Sole Traders for income tax will be effective from 6 April 2024. Click through to learn more!
How to Make a Voluntary Disclosure to HMRC?
Voluntary Disclosure is the channel by which HMRC can be informed about any non-compliant activities or errors. Click through to learn more!
Check What Financial Help You Can Get From HMRC
HMRC has called on taxpayers to check what financial help they can get from HMRC to make sure they are not missing out on any savings or tax breaks.
2022/2023: New Tax Year Changes – How Do They Affect You?
New tax year changes took effect on 6 April 2022 and here’s a list of the biggest changes that will impact your personal finances.
Making Tax Digital (MTD) for VAT Becomes Mandatory from 1 April 2022
Making Tax Digital (MTD) for VAT has become mandatory for VAT-registered businesses on 1 April 2022.
Spring Statement 2022: Key Points – Winners & Losers
Chancellor Rishi Sunak unveiled the contents of his Spring Statement with some good news for employees who have been hard hit by the rising inflation.
Corporation Tax Rate Increase in 2023 from 19% to 25% – Confirmed after Mini-Budget “U-Turn”
Corporation tax rate increase from April 2023 will result in the return of the small profit rate and main rate of corporation tax. Click through to learn more.
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.