“Non-dom” describes the tax status of a UK resident whose permanent home – for tax purposes – is outside the UK. Currently, a non-dom only pays UK tax on the money…
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The new tax year started on 6 April, introducing lots of changes and opportunities. Here’s a handy reminder of three major aspects introduced on 6 April this year: 1. Higher…
At last! More flexibility is now available to fathers and partners taking Statutory Paternity Leave (SPL) in England, Scotland and Wales. These welcome changes apply to leave taken for expected…
While today’s Budget was not full of surprises, there were several announcements that taxpayers and businesses should be aware of. You’ll see our handy summary of the key points below….
The payment deadline for self-assessment tax is due on 31 January. Any unpaid amount is subject to interest charges and penalties. There’s still time to avoid unnecessary payments! Rising interest…
Do you have an Etsy shop for your crafty products? Do you rent your spare room via Airbnb or a similar platform? Maybe you sell second-hand products on eBay? If…
Employers need to be ready for April – both the national living wage and the national minimum wage rates are to increase. “The rise in wages affects employers’ finances and…
Big changes to legislation have reduced the viability of renting properties in recent years. Some landlords have applied a tax avoidance scheme to reduce the tax payable on profits generated…
HMRC is to write to accountants and non-represented individuals advising them that HMRC records show that they have not paid VAT or submitted returns. Any unpaid tax should be disclosed,...
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The tax implication of charging company electric vehicles (EV) at home has changed. The revised guidance applies to the cost of charging company-owned electric cars and vans at residential properties….
