Plug The Gaps in National Insurance Contributions
February 27, 2023
Time is running out for individuals to top up any gaps in their National Insurance Contributions (NICs) records.If you, or any family members, intend to maximise your future State Pension benefits you should check your national insurance record, before 5 April 2023. (now ext...
Making Tax Digital Deferred
September 23, 2021
Some of you will be breathing a sigh of relief after today's announcement that forthcoming changes to the tax system are to be deferred.Making Tax Digital for Income Tax – the requirement to keep records digitally, and submit quarterly returns – has been postponed f...
Increase in Scams Purporting to be From HMRC
May 7, 2021
As the 31 January deadline for self assessment tax returns approaches there has been an increase in the flood of scams purporting to be from HMRC.As HMRC issues thousands of SMS messages and emails as part of its annual self assessment tax return push, the department has war...
Increase in Scams Purporting to be from HMRC
January 7, 2021
As the 31 January deadline for self assessment tax returns approaches there has been an increase in the flood of scams purporting to be from HMRC.As HMRC issues thousands of SMS messages and emails as part of its annual self assessment tax return push, the department has war...
Are You Concerned About Paying Your Tax Liabilities?
November 20, 2020
There have been so many changes this year to the dates the various taxes are due for payment and, although we have kept you informed along the way, we thought it would be useful to have a summary to refer to.
Let’s Look at the Various Taxes
Depending on your circumstances ...
A few weeks ago we wrote a post about setting up a Business Tax Account (BTA) which are how the self-employed and companies can file returns, view their tax and pay their tax liabilities. Individuals can also set up a Personal Tax Account and we are encouraging our clients t...
Business Tax Account
April 11, 2020
How Do I Set Up a Business Tax Account?
Business Tax Accounts (BTA) have been available for a number of years now and are used to file a variety of returns with HMRC.
They are increasingly being used by HMRC and have become the easiest way to settle tax liabilities.
If you h...
New Capital Gains Tax for Residential Property
April 10, 2020
Capital gains tax changes introduced this month mean that landlords and second home owners may pay tax earlier than they anticipate.The changes introduced on 6th April 2020 bring forward the payment of capital gains tax on residential property to 30 days from the completion ...