Self-Assessment taxpayers warned of next payment deadline
Posted onTaxpayers have been reminded that a penalty deadline for unpaid Self-Assessment tax is imminent.
Category: Tax Blog
HMRC penalties alert as 5.7 million still to file tax returns
Posted onTaxpayers have been warned that they could face a penalty after HM Revenue and Customs (HMRC) said 5.7 million were still to file their Self-Assessment returns.
MTD for ITSA postponed by two years
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The Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative has been delayed by two years, it has been revealed.
How the personal allowance works
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Understanding your income tax and personal allowance is important when looking at your finances and how you are taxed.
What do you need to know about annual accounts?
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Are you a business owner who wants to gain a more in-depth insight into annual accounts? These accounts are often known as business accounts and are important in order to ensure your business runs successfully.
Furnished Holiday Let Tax: What do you need to know?
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A furnished holiday let (FHL) is a particular type of rental property classification in the UK.
Capital Gains Tax: What do you need to know?
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Capital Gains Tax (CGT) is a tax applied on the profit you receive when disposing of an asset.
Tax-free shopping for overseas visitors scrapped
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Recent plans to reintroduce tax-free shopping for international visitors in the UK have been scrapped.
Flat Rate Scheme: What do you need to know?
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When running a business, ensuring you get VAT right is vital. So, how can you make things easier?
Corporation Tax rise axed as Chancellor aims for growth
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Chancellor Kwasi Kwarteng’s mini-Budget has scrapped a planned rise in Corporation Tax as part of a wide-ranging raft of tax-cutting measures announced last week.
