There’s still time to file self-assessment tax returns for 2020-21 before any penalties are charged – which would usually happen on 1st February. HMRC will not fine those who file by the end of February. So, why should I care?
Unusually for a UK accounting firm, we have capacity to take on new clients in January due to our very efficient processes. Let us help you prepare your tax return.
A client who works for a big international company as its manager has to drive at least 9 to 10 thousand miles a year on behalf of his employment. He is currently paid 20p per mile. Because he can claim up to 45p a mile, he is entitled to claim the difference....
Many thousands of households across the UK will be affected by changes to the benefits system from April 2013, all part of government plans for the biggest shake-up of the welfare system for decades. Government ministers argued that the changes were necessary to...
There are two types of tax credits – child tax credits and working tax credits, you might be eligible for one or both of them, depending on your circumstances. Child Tax Credits Child Tax Credit is available to people responsible for a child or young person, who have...
UK Income Tax – How It All Began In the United Kingdom, a tax on income (Income Tax) was first announced in 1798, and introduced into our lives the following year. It was introduced primarily as a way of raising monies to pay for the war Britain was fighting against...
