Who must submit a Self Assessment tax return?
There are a number of reasons why a taxpayer needs to complete a Self Assessment return. This includes, if they…
Guidance on Self Assessment, personal income tax, allowable expenses, filing deadlines and paying the right amount of tax.
There are a number of reasons why a taxpayer needs to complete a Self Assessment return. This includes, if they…
The High Income Child Benefit Charge (HICBC) came into force in January 2013. It applies to taxpayers whose income exceeds…
The introduction of Making Tax Digital (MTD) will fundamentally change the way businesses, the self-employed and landlords interact with HMRC.…
The Chancellor has confirmed that from 2019-20 the personal allowance will increase to £12,500 (an increase from the current £11,850…
HMRC has published a news release to remind taxpayers that there is now less than 100 days to file their…
The Information Commissioner's Office (ICO) has launched a self-assessment checklist to help small business owners and sole traders to assess…
The 2017-18 tax return deadline for taxpayers using a paper self-assessment return is 31 October 2018. Late submission of a…
This calculates tax payable on dividends (for example if deciding how much to pay out of your company). Tax Payable…
The 2026/27 tax year runs from 6 April 2026 to 5 April 2027. This summary brings together rates commonly used…
Income Tax, unsurprisingly, is a tax on income. To be more specific, it is a tax on the income of…
The Gift Aid scheme is available to all UK taxpayers. The charity or Community Amateur Sports Clubs (CASC) concerned can…
There are higher penalties for taxpayers evading Income Tax and Capital Gains Tax relating to offshore matters. HMRC’s compliance check…
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