Common Questions
← Back to Resources-
Let's Have a Butcher's at Your State Pension!
Don't assume your state pension is fully topped up even if you have been employed or self-employed.
-
Making Tax Digital: Is it Really Happening This Time?
This is the first in a series of updates for Making Tax Digital (MTD)
-
Action you can take if you are struggling to pay your tax
Tax due under Self Assessment for 2023/24 should have been paid in full by midnight on 31 January 2025, along with the first payment on account for 2024/25
-
Should we pay a dividend before the end of the tax year?
If you are the owner of a personal or family company, it is prudent to review your dividend strategy before the 2024/25 tax year comes to an end
-
'Tis the Season to be Jolly, but Don't Forget the Taxman!
Here are some useful things to know for UK freelancers and small businesses over the festive period:
-
VAT Penalties & Interest: The New Regime (Updated September 2024)
The VAT default surcharge is being replaced with a new VAT penalty and interest regime.
-
What to Provide Your Accountant to Calculate Your Use of Home Allowance
Working from home has become the norm for many, and with that comes the opportunity to claim tax relief on certain expenses.
-
Claiming Workwear on Your Taxes: What's Allowed and What's Not
Navigating tax deductions for workwear can be tricky. While certain items are necessary for your job, not all qualify for tax relief.
-
Making the Most of Your Limited Company: Perks and Tax Efficiency for Solopreneurs and Small Businesses
Running a limited company, whether as a freelancer, solopreneur, or with a small family team, offers flexibility and tax advantages. Here's how you can optimise your finances:
-
Get Tax Back on Job Expenses: Your Handy Guide
If you are an employee and you personally incur expenses in carrying out your job, you may be able to claim tax relief for those expenses.
