Self-Assessment tax returns threshold to change for 2023-2024 tax year
HM Revenue & Customs (HMRC) has revealed plans to increase an individual’s income threshold before being required to submit a self-assessment tax return.
Is your business ready for the new tax year?
Getting the tax year off to a good start will help you to optimise your overall financial position. But you need to plan ahead.
Travel expenses: What do you need to know?
Travel expenses are costs incurred by an employee whilst travelling on behalf of their company, which is away from their usual place of work.
What do you need to know about Inheritance Tax?
Are you thinking about the tax implications of your estate and what this could mean for your loved ones after you pass?
What do you need to know about salary and dividends?
If you are a business owner, you need to consider what to take in salary or in dividends.
Large number of over 65s file Self Assessment tax return
The 2021 to 2022 tax year saw a considerable amount of people aged 65 and over filing a tax return.
How the personal allowance works
Understanding your income tax and personal allowance is important when looking at your finances and how you are taxed.
Furnished Holiday Let Tax: What do you need to know?
A furnished holiday let (FHL) is a particular type of rental property classification in the UK.
The Christmas gift allowance: how it works
Are you planning on treating your staff or clients this Christmas? Christmas gifts can be subject to tax, so it is important to understand these tax rules this festive season.
Landlords targeted over undeclared income from residential property
Landlords are being targeted by HM Revenue & Customs (HMRC) over what appears to be undeclared rental income or income related to residential property.
