Have you used your 2023/24 dividend allowance?
As we move into the final months of the 2023/24 tax year, it is time to give some thought to…
Guidance on Self Assessment, personal income tax, allowable expenses, filing deadlines and paying the right amount of tax.
As we move into the final months of the 2023/24 tax year, it is time to give some thought to…
If you are running an unincorporated business, either as a sole trader or as a partnership comprising only partners who…
Many businesses begin by buying a customer list from another similar business, sending out marketing adverts rather than waiting to…
Despite 4.2 million couples being eligible for the tax break, only 1.8 million are claiming the marriage allowance (MA) –…
The marriage allowance is not a separate allowance as such – rather, it is a transfer of part of one…
If you have unrelieved overlap profits, you will not be able to claim relief for those profits after 2023/24. Overlap…
The High-Income Child Benefit Charge (HICBC) is a tax charge that claws back child benefit where the claimant or his…
Owners of personal and family companies frequently pay themselves a small salary and extract further profits as dividends. To utilise…
Earlier this year, HMRC sent ‘nudge’ letters to social influencers who they suspect may not have declared the tax that…
As an employer, you can pay your employees tax-free mileage payments where they use either their own car or a…
If you are self-employed, the way in which your profits are taxed is changing. As a result of this, you…
If you need to file a Self Assessment tax return for 2022/23, you have until midnight on 31 January 2024…
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