Can't pay your tax?

Apr 03, 2019

A reminder that HMRC may consider extended options for settling your outstanding tax bill. The key is to contact HMRC, explain why you can’t pay on time, and discuss how you can settle any outstanding…

Read more

Are home to work travel costs ever allowed?

Apr 02, 2019

Ordinary commuting between home and work incurs costs: either shoe leather, if you walk, or the cost of transport. For most employees these costs are considered to be personal costs and are not deductible…

Read more

How are dividends taxed?

Mar 26, 2019

Dividends received from shares held in UK companies form part of a tax-payers self-assessment. The payments are made by the paying company without any deduction of tax and therefore the amount received…

Read more

Brexit , no end in sight

Mar 21, 2019

On the 12 March the government updated its advice to traders with the EU. The advice assumes a no-deal outcome.

On the basis that being prepared for the worst possible outcome, and a no-deal…

Read more

Pension shakeup

Mar 19, 2019

The past week, and who knows for how long into the future, has been a crazy week for politics in the UK. Brexit is challenging the way manage our democracy and it will be interesting to see how matters…

Read more

No tax when you sell your home?

Mar 18, 2019

The private residence relief allows you to sell your home without paying any capital gains tax (CGT) on the profit you make on the sale.

If only life was that simple. Unfortunately, there are…

Read more

Loans to employees

Mar 14, 2019

A reminder that if your business makes a loan to your employees or their relatives this can create tax problems for both employees and employers. And please don’t forget that the term “employee” includes…

Read more

Limitations of tax relief when you sell your home

Mar 14, 2019

It is a commonly held point of view that when you sell your home you won’t pay any tax, and in particular, that you won’t pay any Capital Gains Tax on the difference between the purchase and sales prices.

Unfortunately,…

Read more

Last call for VAT traders to prepare for new filing regulations

Mar 14, 2019

As we have mentioned before in this newsletter, VAT returns filed for periods commencing on or after 1 April 2019, may need to be filed using the new Making Tax Digital (MTD) protocols. The new filing…

Read more

Sign up to our newsletter

Stay on top of what's happening, get information, and learn about our people.

Sign up