Running a business from your home isn’t without tax implications and it’s worth considering capital gains tax compliance, business expenses and other issues when going down this route.
Explore how the marriage allowance tax break can benefit you. Download PDF for Offline Reading Millions of married couples and civil partners in the UK are eligible for the marriage allowance, but take-up has remained subdued since the tax break came into force on 6 April 2015. Almost half of the UK’s eligible couples failed […]
Make sure you have approved your self-assessment tax return for the year ending 5th April 2017 in order to be able to make the payment due to HMRC in January. Frequently asked questions… 1. How do I pay? You may receive payment reminders directly from HMRC and you can learn about the different payment methods on […]
New law in effect from 13 January 2018 bans the passing on of credit card surcharges to consumers. HMRC will no longer accept Personal Credit Cards for Self-Assessment Payments.
Important tax news on Dividends and National Insurance. Get our full report on the key announcements made by the Chancellor. Dividend Allowance Tax-free dividend allowance to reduce to £2,000 from April 2018 Self-Employed NICs Class 4 NICs to rise to 10% in April 2018 and 11% in April 2019 Making Tax Digital Quarterly reporting delayed […]
This information is based on government guidance retrieved April 2018. https://www.gov.uk/pay-self-assessment-tax-bill/ When do I need to pay? We recommend you make payments as soon as you can, the dates below are deadlines. You maybe required to make two advance payments ‘on account’ as a way of spreading your tax bill. These are based on your previous […]