It won’t be long until we’re welcoming in the New Year and with it comes the Self Assessment deadline. File your tax return now to avoid the last-minute rush (and…
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On the 27th October Chancellor Rishi Sunak delivered the Autumn Budget for 2021, announcing the updates we can expect in the near and mid-term future. While there don’t appear to…
Making Tax Digital (MTD) for Income Tax has been postponed for another year to give businesses and landlords more time to prepare. So what does this mean for you? Which…
Last year, we outlined the new 30-day Capital Gains Tax (CGT) deadline that came into effect in April 2020. However, many unsuspecting taxpayers are continuing to be caught out by…
If you’ve recently ventured into the exciting and rewarding world of self employment, you may not be aware that the deadline to register for your first Self Assessment is looming.
In the last tax year, voluntary disclosure of unpaid tax by landlords was down by 42%. The lowest figure in 7 years has prompted HMRC to target landlords specifically, looking…
Are we on the verge of returning to ‘normal’? Maybe. The vaccine programme is proving promising, but what if – like many – you’ve been told you now predominantly WFH?
The Self Employed Income Support Scheme (SEISS) launched last year to help self employed individuals who were unable to work has been popular but flawed. And now penalties will be…
It’s time to dispel the myth that tax isn’t due on gains from cryptoassets. Over the last two decades, cryptocurrencies have become more popular, and now HMRC is targeting those…
HMRC has more access to the details of UK residents’ overseas assets than ever before, and UK residents need to be aware that coming forward is a better position to…
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