Tagged as tax

Can Tax Be Taxing?

Published 17th January 2022

Written 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.

Posted in Income Tax | Also tagged income tax, marriage allowance, personal allowance, tax relief

Time to Switch?

Published 26th October 2021

Written 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.

Posted in News, Taxation | Also tagged charging points, CO2 emissions, electric, electric car, government grants

IR35 Tax Changes

Published 20th April 2021

IR35 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 company

Domestic Reverse Charge For VAT

Published 22nd March 2021

The 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, Xero

A Tax Efficient Virtual Christmas Do

Published 14th December 2020

A 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 party

Working From Home

Published 21st August 2020

Thousands 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.

Posted in Accountancy, News, Taxation | Also tagged claim tax, Coronavirus, Covid 19, reclaim tax, work from home

Deferring VAT and Income Tax

Published 26th March 2020

On 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, VAT

HMRC’s Let Property Campaign

Published 16th August 2019

HMRC’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 tax

Marriage Tax Allowance

Published 24th April 2019

Are 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.

Posted in Accountancy, News, Taxation | Also tagged accountant, allowance, bedford, income, marriage, marriage tax, married

How To Spot And Avoid HMRC Phishing Scams

Published 21st March 2019

As 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