10 Jan 2020 | Featured, Tax, Tax Planning
The 31 January Self Assessment tax return deadline is fast approaching. What are the financial implications if you miss the deadline? Firstly, there are penalties for submitting your Self Assessment tax return late. Secondly, there are further penalties for late...08 Jan 2020 | Tax, Tax Planning
Whether you have made New Year’s resolutions or goals for 2020, you should make sure your finances take top priority. The UK tax year ends on 5 April and so January, February and March can provide a last-minute chance to save tax with some careful planning. We...20 Aug 2019 | Tax, Tax Planning
Changes to the UK’s company car tax system will mean drivers choosing a pure electric car pay no benefit-in-kind charges from next year, but will this be enough to see more electric cars on the roads? From April 2020, there will be no tax on a company car, if it is...01 Aug 2019 | Tax Planning
Now series 5 of Love Island has come to an end, you no longer have an excuse to leave the dishes and forget to put the bins out. In fact, can you even remember what you used to do with all that spare time? If this sounds like you then you are not alone, with bumper...01 May 2019 | Personal finances, Tax Planning
The substantial increase in the higher rate threshold to £50,000 is good news for many taxpayers. However, that same figure is the point at which Child Benefit starts being clawed back and there has been no increase in that threshold since the High Income Child...01 May 2019 | Small businesses, Tax Planning
The start of the new tax year means that shareholders and directors may want to review the salary and dividend mix for 2019/20. The £3,000 employment allowance continues to be available to set against the employers’ National Insurance Contribution (NIC) liability...