In two previous articles, I discussed the topics of VAT and Making Tax Digital for income tax (“MTD”). While the introduction of MTD (which has been much delayed until April 2026) will impose an increased administrative burden on small businesses, Read more
It’s July, normally the start of summer holidays, and generally a time to relax and enjoy the weather. However, if you file a tax return, there is a good chance you will have received a letter from HMRC requesting a Read more
The tax year end is around the corner, but it is not too late to consider some basic tax planning. Most tax allowances are confined to a single tax year. If you don’t use them, you lose them. And there Read more
With advent upon us, let me spread festive cheer by reminding you of the various tax traps you can fall into at a Christmas time. Christmas Parties Let’s start with Christmas parties. You can spend up to £150 per head Read more
Several years ago, HMRC announced they had big plans bringing the tax system into the 21st Century with something they called Making Tax Digital (“MTD”). Admittedly, at the time, I was somewhat surprised. After all, I have not submitted much Read more