tax

Jan 19, 20232 min

Self Assessment - Allowable Expenses

If you are self employed and receive any income though dividends, shares or savings you have to submit a self assessment tax return. Self...

Oct 24, 20221 min

Self Assessment deadline

HMRC have issued a reminder to taxpayers that the self assessment deadline is approaching. Self Assessment taxpayers have until 31...

Oct 13, 20221 min

HMRC raises late payment interest from 11 October 2022

Following the Monetary Policy Committee decision to increase the Bank of England base rate to 2.25%, HMRC announced increases to both...

Oct 13, 20222 min

UK SMEs struggling to manage digital services

This month the British Chambers of Commerce (BCC) reported that 37% of small and medium enterprises (SMEs) believe they lack capacity to...

Sep 26, 20222 min

Sept 2022 Mini Budget

On Friday Chancellor Kwasi Kwarteng unveiled a "mini-Budget" where he reduced national insurance, income tax and stamp duty. The...

Sep 1, 20222 min

HMRC releases details MTD for Income Tax

HMRC has published more details on how Making Tax Digital for Income Tax (MTD for IT) will work for buy-to-let landlords and sole traders...

Jul 7, 20222 min

MTD for income tax pilot extended

The pilot for Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is being extended by HMRC to more self-employed workers and...

Mar 24, 20222 min

Spring Statement 2022

Chancellor announces tax cuts With cost of living prices rising 6.2% in the 12 months to February 2022 chancellor Rishi Sunak delivered a...

Feb 7, 20222 min

Help To Grow: Up To £5,000 Discount On Accounting Software

The government's Help to Grow: Digital scheme – designed to support smaller businesses in adopting digital technologies – is now open for...

Aug 18, 20211 min

Partners and sole traders in UK face bigger tax bills in 2022

The Institute of Chartered Accountants in England and Wales (ICAEW) has predicted that almost 250,000 partners and 280,000 sole traders...

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