This is our monthly newsletter, summarising the latest tax & accounts news. This month, we're covering: Contractor group the FCSA have recently criticised the HMRC's stance on IR35 Proposed new tax incentives for Landlords Taxing the over 40's to pay for Elderly Care MTD call...
In 2016/17 almost half of the UK's eligible couples failed to claim their slice of the marriage allowance, with many not even knowing they were eligible for this. We have prepared an explanation of the allowance here, and if you would like to discuss this and...
Capital Gains tax remains a tax that many people are unaware of, and how it can affect them. Our update here provides you with some of the key points to think about, and as always, if you would like to discuss this further, please contact us....
The free app has now launched with various great features including tax tables and mileage tracker (which can then be downloaded into .csv for your records). ...
We have prepared a short summary of the pros and cons of furnished holiday lets which can be found here....
In addition to the Making Tax Digital launch, the period of grace for late filing of RTI's for payroll is ceasing on 5 April 2019, meaning that from 6 April 2019, you could face penalties of up to £400 per month for late filing. As a...
Despite steady setbacks and ongoing issues with HMRC and continuing uncertainty in other areas, Making Tax Digital continues to be on target for the launch for VAT registered businesses from 1 April 2019. Software will be required an API link with the ability to send...
Company cars remain a popular benefit for directors, despite the constant tax rises, and we would suggest that if you are looking at this, to discuss this with us to ensure that this is the most tax efficient way of paying for a car. The...
Whether you trade as a sole trader, partnership, charity or limited company, personal tax planning is important, not just for the here and now, but for your, and your families futures. With our experience and appropriate business contacts we can help whether its looking at...
There’s no denying that incorporating a business proved popular in 2017, with Companies House reporting a 7% rise in the number of actively trading companies – bringing the UK total to 1.9 million, however for those of you considering the transition to a limited company,...
