Blog

Do you need to file a tax return?

We are often asked if it is necessary to register for Self-Assessment and file a tax return each tax year. The following notes are a brief outline of circumstances when you may need to register. According to HMRC, you may need to send in a tax return in the last tax year if: you were…
Read more

Land Registry property alert service

Property owners are potentially more at risk from the activities of fraudsters. They have more to lose and there are very real risks that the Land Registry property alert service is set up to counter. Why consider this service? Since 2009, HM Land Registry has prevented 254 fraudulent applications being registered by fraudsters. Common attempts…
Read more

What constitutes profit for tax purposes?

There is no simple answer to this question. We have listed below some of the matters that need to be are considered. As self-employed business owners’ profits are subject to income tax and National Insurance - and limited companies to corporation tax - we have divided our comments accordingly. Before making this distinction it is…
Read more

Tax Diary December 2019/January 2020

1 December 2019 - Due date for Corporation Tax payable for the year ended 28 February 2019. 19 December 2019 - PAYE and NIC deductions due for month ended 5 December 2019. (If you pay your tax electronically the due date is 22 December 2019) 19 December 2019 - Filing deadline for the CIS300 monthly…
Read more