Tax calculations are now largely automated. When your tax return is submitted the HMRC computer calculates how much tax you owe, or whether a tax repayment is due, and issues a tax statement.
In all cases the interest portion of the PPI settlement must be declared
The high income child benefit charge (HICBC) was introduced in January 2013 to claw back child benefit where the highest earner in the family has total net income of £50,000 or more.
As a self-employed trader, do you diligently record the mileage for every business journey you take?
This is our Winter 2018 tax briefing
Where an individual works through his or her own personal company to provide services, such as IT consultancy, that company must abide by the “IR35” rules
HMRC is writing to taxpayers who may own assets overseas or have a source of offshore income. These assets could be anything from a Jersey bank account to an overseas holiday let, or more seriously trusts or companies registered overseas
Electric cars are creating a buzz in environmentally-conscious companies, and not just because of the noise they make. They are cheap to run and the price of many models is coming down.
All payroll payments and deductions must be reported to HMRC under real time information (RTI).
This is our Autumn 2018 tax briefing
Will Stamp Duty Land Tax (SDLT) or higher rates of SDLT be payable for unmarried couples separating and re-arranging the family home ownership?
Remember there is a new restriction to the relief that landlords get for interest and associated finance charges where they are letting out residential property.