HMRC have numerous tools and calculators available on their website. Whether you want to get an estimate of the tax you may have to pay in the current year, your Statutory Maternity Pay entitlement or whether you want to find out if you qualify…
Did you know that if your earnings for the year are below the tax threshold you can pass 10% (currently £1,190) of your tax free allowance to your partner if they pay tax at the basic rate of 20%?
One of my clients asked me last week if they still needed to be VAT registered. Their business has changed now they no longer have an employee to help them. So I took some time this morning to calculate whether they would be better off de…
If you are a sole trader preparing to file your tax return did you know that some of your business expenses can be calculated using HMRC's rules for simplified expenses? This includes motor vehicle costs and working from home which can …
Making Tax Digital for VAT is less than 6 months away. We are ready for it and have made sure all our customers know what changes they need to make too. Are you ready for MTD?