Paying someone to act as your nanny, housekeeper or gardener may result in you being considered an employer…
Self-employed tax twisters
We are often asked why a self-employed person is paying so much tax when their drawings from their self-employed business are minimal…
Landlords and tax – the basics
The following definitions set out how property income is calculated and taxed…
Don’t forget to declare COVID-19 grants
HMRC have issued guidance to taxpayers who may have received COVID-19 grants during the 2020-21 tax year…
Will your earnings exceed any of these amounts in 2021-22?
Earnings levels may affect your personal tax allowance, tax rate or child benefit payment payback requirements…
Time to pay taxes
January 2022 is a ‘taxing’ month. It is the last month to file a self-assessment tax return (electronically) for 2020-21 and avoid late filing penalties…
Travel between places of work
A reimbursement of expenditure incurred by an employee in travelling between two or more places of work is not “earnings” and therefore not taxable…
Planning for higher corporation tax rates
We are fifteen months away from a radical upward lift in corporation tax (CT) rates…