The tax consequences of social events
The cost of a staff party or other annual entertainment is generally allowed as a deduction for tax purposes. If…
Guidance on Self Assessment, personal income tax, allowable expenses, filing deadlines and paying the right amount of tax.
The cost of a staff party or other annual entertainment is generally allowed as a deduction for tax purposes. If…
The Working Tax Credit (WTC) is designed to help taxpayers on low incomes by providing top-up payments and includes those…
Employees can often reimburse their employers for benefits provided in order to lessen their taxable benefits and thereby reduce or…
There are a number of reasons why you may need to register with HMRC to submit a tax return. This…
The assessment of self-employed or partnerships profits is usually relatively straight-forward if the accounting date - the date to which…
The Help to Save scheme for people on low incomes was launched in September 2018. The scheme allows those in…
The weekly rates of child benefit for the only or eldest child in a family is currently £20.70 and the…
The Gift Aid scheme is available to all UK taxpayers. The charity or Community Amateur Sports Clubs (CASC) concerned can…
The cash basis scheme helps many sole traders and other unincorporated businesses to manage their financial affairs. The scheme is…
Are you self-employed? HMRC’s guidance says that you are probably self-employed if you: run your business for yourself and take…
The start of the 2019-20 tax year marked a fundamental change to the way Income Tax is calculated for
The High Income Child Benefit charge applies to taxpayers whose income exceeds £50,000 in a tax year and
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