If your net taxable income last year was £50,000 or more you will shortly receive a letter from the Tax Office about child benefit. You can safely bin this missive if your children are no longer eligible for child benefit, but where you Read More...
Gifting Assets or Shares
If you plan to gift assets or shares to your relatives, there are several taxes you need to consider: Capital Gains Tax Read More...
Whose Fault is Underpaid Tax?
Have you received a tax calculation (on form P800) which shows you owe tax that you thought had been collected under PAYE? Every year the Tax Office undertakes a Read More...
Self-billing
'Self-billing' is where the customer in the supplier/customer relationship raises the invoices to themselves for work done or goods provided by the supplier, instead of the supplier raising those invoices. Read More...
September Question and Answer Section
Q. I run my own company from an office in a spare bedroom at home, and my wife runs a separate company from a downstairs office in the same house. Can we both claim Read More...
September Key Tax Dates
19/22 - PAYE/NIC and CIS deductions due for month to 5/9/2012 Read More...