Oct 5, 2022 | FAQ, Information, News, Tax, Tips, Vat
New chancellor Kwasi Kwarteng delivered his first mini-Budget, officially labelled ‘The Growth Plan 2022’, on September 23, and while it largely consisted of tax giveaways, it was not well received by markets. The FTSE 100 fell sharply on the day from 7,221 on...
Sep 19, 2022 | Business Start Ups, Information, News, Tax, Tips, Vat
Self-assessment is an annual event, and it is always towards the back end of the year that you need to start thinking about it. Many people will already be registered for self-assessment, but there are others who will need to register for the first time this year,...
Aug 1, 2022 | Information, News, QuickBooks, Tax, Tips
Companies and sole traders who have not yet finalised their plans to comply with Making Tax Digital are in the last chance saloon this month, and the very latest date you have to comply with MTD for paying VAT is August 7. That is the latest date on which you will...
Jul 18, 2022 | Business Start Ups, FAQ, Information, Tax, Tips
Tax is something that is a certainty in life, as former US President Benjamin Franklin said, but there are lots of ways you can reduce the amount of tax you have to pay by claiming for expenses you may not realise you could. Those of us who are self-employed or own...
Jun 27, 2022 | Business Start Ups, Expenses, FAQ, Information, Making Tax Digital, Misc, News, Tax, Tips
If you are unlucky enough to be fined for a late filing, then the way in which any appeal can be made changed as of May 7. Prior to this, HMRC had temporarily reintroduced the ability to bulk appeal late filing penalties for income tax in 2020 and 2021. But from now...
Jun 13, 2022 | Business Start Ups, Tax
There is a tendency for many of us to leave our tax returns until the last minute. It’s human nature to want to delay dealing with something we find uncomfortable. However, if you get your tax return for the 2021/22 tax year completed sooner rather than later, you...
