Students working summer jobs
We would like to remind any students that work part time, for example in a summer job, that they are entitled to claim...
22 Jul
Income Tax
Category Archives: Income Tax
17 Jul
Income Tax
Will you have to repay Child Benefit for 2018-19?
The High Income Child Benefit charge applies to taxpayers whose income exceeds £50,000 in a tax year and who are in receipt of...
17 Jul
Income Tax
Be wary of 60% Income Tax charge
For high earning taxpayers the personal allowance is gradually reduced by £1 for every £2 of adjusted net income over £100,000 irrespective of...
17 Jul
Income Tax
Tax simplification for self-employed
The Office of Tax Simplification (OTS) was established in July 2010 to provide advice to the Chancellor on simplifying the UK tax system....
01 Jul
Income Tax
Tax payment time again
If you make Self-Assessment payments on account, you will no doubt be aware that the second instalment for 2018-19 is due on 31...
01 Jul
Income Tax
Advising HMRC of changes in your personal details
If your personal details change, you may be required to notify HMRC as this can affect your entitlement to certain tax breaks and...
26 Jun
Income Tax
Who should register for self assessment?
There are a number of reasons why a taxpayer is required to complete a self assessment return. This includes if they are self-employed,...
26 Jun
Income Tax
Rent-a-room scheme
The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in their home. The current tax-free threshold of...
11 Jun
Income Tax
HMRC cancels penalties charged to 6,000 families
The High Income Child Benefit Charge (HICBC) was introduced in January 2013 and applies a charge to taxpayers whose income exceeds £50,000 in...
04 Jun
Income Tax
Working from home allowance
If you are self-employed and running a business from your home, there are simplified arrangements available for claiming a fixed rate deduction for...