Tagged as tax
Can Tax Be Taxing?
17th January 2022Written by Tomas Martin
Are you au fait with income tax?
Do you know what is included within your personal allowance?
Click to find out more.
Time to Switch?
26th October 2021Written by Helen Tomlinson
More and more people are purchasing electric vehicles in the UK.
At the end of April 2021, there were more than 245,000 pure electric cars and 515,000 plug-in and hybrid models registered in the UK.
IR35 Tax Changes
20th April 2021IR35 was introduced by HMRC in 1999 to make sure everyone is paying the correct amount of tax. The key […]
Posted in Accountancy, Income Tax, News, Taxation Also tagged disguised employee, employee, Employment, employment status, inland revenue, IR35, national insurance, NI, umbrella companyDomestic Reverse Charge For VAT
22nd March 2021The Domestic Reverse Charge (DRC) is a new way of accounting for VAT for builders and others caught under the […]
Posted in Accountancy, Cloud software, News, QuickBooks Online, Taxation, Xero Also tagged builders, construction, contractor, domestic reverse charge, DRC, end user, Quickbooks Online, taxation, VAT, XeroA Tax Efficient Virtual Christmas Do
14th December 2020A smorgasboard of new phrases have bounced into our everday conversations this year – including virtual Christmas do. As we […]
Posted in Accountancy, Taxation Also tagged christmas, exemption, HMRC, party, virtual christmas do, virtual partyWorking From Home
21st August 2020Thousands of employees are now being required to work from home due to Covid-19.
But are they all claiming the tax back on the extra costs that are being incurred?
We outline exactly what you can claim and how to claim in this week’s blog.
Deferring VAT and Income Tax
26th March 2020On 20 March 2020, the UK Chancellor of the Exchequer announced a package of COVID-19 measures. The measures on tax include […]
Posted in Accountancy, Commercial, Coronavirus, Financing, Income Tax, Taxation Also tagged income tax, VATHMRC’s Let Property Campaign
16th August 2019HMRC’s Let Property Campaign is targeting landlords who may have unpaid tax. This would be as a result of failing to declare income from letting out residential property. The scheme is open to those that have multiple properties, single rentals, student rentals, or holiday lettings.
Posted in Accountancy, Landlords, News, Taxation Also tagged HMRC, landlords, lets, lettings, penalty, unpaid taxMarriage Tax Allowance
24th April 2019Are you married or in a civil partnership? If so you may be entitled to a £900 tax break called the marriage tax allowance. Yet about one million couples are still missing out.
Read on to find out more about what this new tax is, who qualifies for it and details of how to claim.
How To Spot And Avoid HMRC Phishing Scams
21st March 2019As HMRC moves more of its services online, fraudsters are exploiting this transition by targeting taxpayers with fake emails. With an increasing number of phishing scams, HMRC has released updated guidance on how to recognise genuine contact from its agents.
Posted in News, Taxation Also tagged fake emails, HMRC, phishing, phishing scams, scams, virus