by Cristina Conea | Nov 5, 2023 | HMRC, IR35, Tax
How to spot tax avoidance schemes Thousands of people found themselves caught up in the IR35 tax avoidance problems, where freelancers who were earning through a limited company set up to deal with their income were deemed – retrospectively – by HMRC to...
by Cristina Conea | Oct 6, 2023 | Self-Assessment, Tax
Don’t miss the October 5 deadline to register for self-assessment Anyone who has become self-employed, was in a business partnership, earned more than £100,000 or had to pay the High-Income Benefit Charge this year has until October 5 to speak to HMRC to...
by Cristina Conea | Sep 3, 2023 | HMRC, Income, Tax
Deed of assignments won’t be treated as nominations for income tax The ability to legally assign an income tax repayment, or the right to an income tax repayment, to a third party has been removed by HMRC from March 15 this year, meaning any repayment will...
by Cristina Conea | Sep 3, 2023 | Alcohol Duty, Tax
Alcohol duty changes – what it means for pubs, stores and small brewers Up to 38,000 pubs and bars which have seen cuts in the tax they pay on the draught products they serve will be better off thanks to changes to the way that Alcohol Duty is calculated from...
by Cristina Conea | Aug 7, 2023 | Business, Charity, Company, Tax, Uncategorised
Charitable giving is something many organisations might not be considering in the current climate, especially as everyone is struggling to pay their bills. But if you have money to spare within your business, then charitable giving is a great way to reduce your tax...
by Cristina Conea | Jul 8, 2023 | HMRC, Sole Trader, Tax
HMRC is changing the way sole traders and partnerships need to calculate profits for their self-assessment returns. The Revenue will require the profits to be declared for the tax year in question, rather than the accounting year as is currently the case. Any sole...
