February 5, 2018 0 Comments

  If your pension savings exceed the annual pension input limit (generally £40,000) then there is an annual allowance charge. The effect of the annual allowance charge is to reduce tax relief on

February 5, 2018 0 Comments

  Making Tax Digital (MTD) for VAT is scheduled to start in April 2019 which means that your VAT information needs to be submitted to HMRC digitally. On 18 December 2017, HMRC published

January 17, 2018 0 Comments

Useful Names, Addresses and Telephone Numbers This post is just one part of a 12-part guide to setting up a new business. Download the full business set-up guide to discover everything you need

December 6, 2017 0 Comments

  Diary of main tax events - December 2017 / January 2018 Welcome to this month’s Tax Diary, providing you with all the main tax events for the next couple of months including key

November 9, 2017 0 Comments

Registering with the Tax Authorities This post is just one part of a 12-part guide to setting up a new business. Download the full business set-up guide to discover everything you need to

November 7, 2017 0 Comments

    The government are gradually phasing out the self-assessment tax return and replacing it with an individual tax account pre-populated with data supplied by employers, pension companies and State Pension figures from

November 7, 2017 0 Comments

  With tax planning and PAYE avoidance schemes, as with many things in life,  what looks too good to be true generally turns out to be so. This seems to be true for

November 7, 2017 0 Comments

  The rules for salary sacrifice arrangements changed with effect from 6 April 2017 and HMRC have updated their guidance for employers. The idea behind salary sacrifice schemes is pretty straight forward. Basically,

October 10, 2017 0 Comments

  HMRC have recently won a tax tribunal case where they were seeking to challenge the deduction for a spouses wages in arriving at the profits of her husband’s business. The judge agreed

September 7, 2017 0 Comments

  HMRC have recently updated their toolkit dealing with reporting employee expenses and benefits in the light of significant recent changes in this area. HMRC toolkits are designed to help minimise the risk