Large number of over 65s file Self Assessment tax return
The 2021 to 2022 tax year saw a considerable amount of people aged 65 and over filing a tax return.
Read More »Large number of over 65s file Self Assessment tax return
HMRC penalties alert as 5.7 million still to file tax returns
Taxpayers have been warned that they could face a penalty after HM Revenue and Customs (HMRC) said 5.7 million were still to file their Self-Assessment returns.
Read More »HMRC penalties alert as 5.7 million still to file tax returns
Thousands file tax returns on Christmas Day
More than 22,000 taxpayers went online over Christmas Eve, Christmas Day and Boxing Day to complete their Self-Assessment tax return.
How the personal allowance works
Understanding your income tax and personal allowance is important when looking at your finances and how you are taxed.
Furnished Holiday Let Tax: What do you need to know?
A furnished holiday let (FHL) is a particular type of rental property classification in the UK.
Read More »Furnished Holiday Let Tax: What do you need to know?
The Christmas gift allowance: how it works
Are you planning on treating your staff or clients this Christmas? Christmas gifts can be subject to tax, so it is important to understand these tax rules this festive season.
Landlords targeted over undeclared income from residential property
Landlords are being targeted by HM Revenue & Customs (HMRC) over what appears to be undeclared rental income or income related to residential property.
Read More »Landlords targeted over undeclared income from residential property
Are you missing out on tax-free corporate investment allowances?
When it comes to running a business, you must keep up with the ever-changing industry you are a part of.
Read More »Are you missing out on tax-free corporate investment allowances?
Capital Gains Tax: What do you need to know?
Capital Gains Tax (CGT) is a tax applied on the profit you receive when disposing of an asset.
Supporting staff through the cost-of-living crisis
Many UK employers are topping up pay packets of valued employees with a cost-of-living payment when they are unable to offer a pay rise.
Read More »Supporting staff through the cost-of-living crisis
