Check your tax calculation
Each year HMRC undertake a PAYE reconciliation for employed individuals who are not required to submit a tax return to…
Clear, practical guidance on UK tax for individuals, landlords and businesses, covering everyday obligations, planning opportunities and important deadlines.
Recent articles from this topic and all its specialist areas.
Each year HMRC undertake a PAYE reconciliation for employed individuals who are not required to submit a tax return to…
HMRC have recently run a campaign to remind people that they could be missing out on up to £2,000 (tax-free)…
The Help to Save scheme can help those on low incomes to boost their savings. The scheme was launched in…
If you live or move abroad, you are entitled to claim the State Pension if you have met the necessary…
There are simplified arrangements in place for the self-employed (and some partnerships) to claim a fixed rate deduction for certain…
If a taxpayer is self-employed and running a business from home, there are simplified expense rules available for claiming a…
Director’s salary or bonus - Given current tax rates, paying a dividend rather than a salary will often be a…
Once a business is up and running, the next major administrative area to be faced often concerns the subject of…
The dividend tax allowance was introduced in April 2016. It replaced the old dividend tax credit with an annual £5,000…
A compulsory VAT deregistration is usually required if you: Stop making taxable supplies Sell your business Change legal status Disband…
The Blind Person’s Allowance is an extra amount of tax-free allowance made available to those who are eligible. The allowance…
Currently, if a property has been occupied at any time as an individual’s main private residence, the last 18 months…
Book a free initial consultation with Makesworth’s chartered accountants.
Book a consultation 020 7993 8850