Couples may be eligible to reduce their Income Tax by sharing their Personal Allowances…
Claiming for work-related expenses
The tax office is now open for claims from employees that have incurred work-related costs…
Beware bogus contacts from HMRC
Fraudulent contacts, by email and other means, are becoming commonplace and innocent members of the public are being left out of pocket…
VAT Deferral Scheme deadline
The online portal for the new VAT payment scheme closes on 21 June 2021…
The 7-year rule
If there is any Inheritance Tax to pay on gifts you make during your lifetime, it is charged at 40% on gifts given in the 3 years before you die…
Company super-deductions and tax increases
One of the more innovative aspects of the recent March budget was the introduction of the rather grandly named super-deduction…
Super-deductions, what are they?
Perhaps the most innovative give-away in the recent budget was “Super-deductions for investment expenditure”…
Tax claims if working from home
Working from home due to COVID restrictions? HMRC will accept a claim to cover any additional costs you may have incurred…