Every year, as certain as Christmas, we have the self-assessment tax filing deadline. This deadline is always on 31st January. And every year just like getting organised with your presents and Christmas cards in time for the big day, we also need to get organised with gathering the information, preparing the tax return, and submitting […]
Category Archives: Personal Tax
02
Nov
Nov
I’m thinking about buying an electric car. What financial incentives are available to me? The company car is getting its moment again as an exciting tax perk. In a climate conscious age, where Tesla has become a household name, business owners are being encouraged to take to the road in an electric company car. Choosing […]
28
Sep
Sep
Do you ever get the impression that to simplify processes, the government complicates it even more? One example is the “simplification” of the Capital Gains Tax (CGT) regime regarding reporting. Selling an investment property and capital gains tax should be something on your mind if you are a landlord. Whilst trying to simplify the process […]
HM Revenue & Customs, National Insurance, News, Payroll, Personal Tax
Introduction of the new Health & Social Care Levy and how it works
22
Sep
Sep
Last week saw the introduction of the new health and social care Levy. Whilst this came as a surprise to many it was not all that unexpected. The UK with its aging population has over many years debated on how to deal with the rising cost of social care. It took the pandemic (and the […]
01
Jun
Jun
The PSA mechanism allows you to make one annual payment to HMRC which will cover the tax and all national insurance due on the expense or benefit.
10
May
May
The answer normally is what on earth is a form P11d? This is a form which is used to report to HM Revenue & Customs (HMRC)
18
Jan
Jan
We accept that this year is a bit different. Many of you have been under immense pressure at work for the last ten months and completing your tax returns has not been your top priority.
Another TV presenter loses an IR35 case…
HM Treasury has published its “report and conclusions” from their review…
The festive season is now in full swing and over the next few weeks businesses will be having parties and other festivities as a way of thanking their staff