Minimising your personal tax liability
No one wishes to pay more tax than is necessary and good tax planning is an essential component in personal financial planning. Everyone’s situation is… Read More »Minimising your personal tax liability
Tax
Real Time Information (RTI) – are you ready?
Real Time Information (RTI) is a new system being introduced in April 2013 by HM Revenue & Customs (HMRC) for the reporting of payroll information,… Read More »Real Time Information (RTI) – are you ready?
Minimum wage
The Low Pay Commission – the independent advisory body to the Government – reviews the national minimum wage according to inflation on an annual basis.… Read More »Minimum wage
Tax and your business
Don’t miss out on tax planning opportunities. Planning for the year ahead will benefit your business – this guide covers some important considerations for unincorporated… Read More »Tax and your business
Happy Holidays?
Whether you are holidaying abroad or planning a ‘staycation’ this summer, there are a few money aspects worth considering, and a few worth enjoying. Holiday… Read More »Happy Holidays?
Budget U-turns: Pasties, caravans and charities – what will and won’t be taxed
Chancellor George Osborne made a series of Budget U-turns regarding tax and VAT, following concerns raised by charities, businesses and the public. So what changes… Read More »Budget U-turns: Pasties, caravans and charities – what will and won’t be taxed
Six new taskforces launched
HMRC won’t be taking a break over festivities this summer; it is instead launching six new taskforces in the hope of recovering up to £23… Read More »Six new taskforces launched
Are you in line to receive an early tax refund – or bill – from HMRC?
HMRC’s annual automatic review, or ‘reconciliation process’, which calculates whether individuals have paid the correct amount of tax through its Pay As You Earn (PAYE)… Read More »Are you in line to receive an early tax refund – or bill – from HMRC?
Company Car Taxation
“Everything in life is somewhere else, and you get there in a car.” E. B. White Company cars remain an important tool in rewarding, attracting… Read More »Company Car Taxation
The tax year and choosing your accounting date
Whatever business model you are in, you must prepare annual accounts which report on business performance and activities during the financial year. What many may… Read More »The tax year and choosing your accounting date