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Uniforms, work clothing and tools
It is possible to claim for the cost of repairing or replacing small tools you need to do your job as an employee (for example,
Tax credits renewals deadline 31 July 2017
The deadline to renew a claim for tax credits is 31 July 2017. This time last year, HMRC announced that over 400,000 claimants had still
Reminders for landlords
Making Tax Digital Until a recent announcement, landlords were going to be drawn into the requirement to upload quarterly details about their property businesses to
Excessive credit card charges to be axed
The government is unveiling new rules that will mean card-charging in Britain – where people can be charged 20% extra for purchases like a flight
Finance Bill No2 2017
To accommodate the May 2017 election, the government rolled-over items in the Mach 2017 budget for consideration later this year. HMRC have now confirmed that
Making Tax Digital – common sense prevails
Making Tax Digital (MTD) is the government’s latest attempt to fully digitise the process of collecting data from taxpayers so they can speed up the
Tax payments due 31 July 2017
If you are self-employed, or registered for self-assessment, we are approaching “that” time of the year: your second instalment on account for 2016-17, is due
Life in the Cloud
There seems to be a trend supporting the movement of our computer software and data to the “cloud”. Not the fluffy white variety, but servers
What is tax free these days
Surprisingly, there is quite a lot. As long as you are resident in the UK for tax purposes you will probably qualify for the following
Tax Diary July/August 2017
1 July 2017 – Due date for Corporation Tax due for the year ended 30 September 2016. 6 July 2017 – Complete and submit forms
McLaren racing team lose tax appeal
It is a well-established feature of previous judgements that a fine imposed to punish an organisation should not be treated as tax deductible – the
Self-employed combined liability
Whether you pay Income Tax or National Insurance, the effect on your cash flow is the same. The payments are a necessary part of our
Making Tax Digital – are we making progress
There is evidence that HMRC’s Making Tax Digital (MTD) implementation team are working with advisors and their clients to beta test the computer systems that
Sole trader or limited company
We are often asked to judge whether it’s better for a business to be run as a sole trader, or incorporated as a limited company.
Landlords bear the brunt of recent tax changes
Recent budgets have done little to improve the financial position of landlords. One change stands out above the rest: the loss of higher rate tax