HMRC is increasing its focus on tax investigations as it bounces back from Covid and compliance checks and charges for tax evasion are on the rise.
Tax (Personal)
MTD for Income Tax postponed to 2024/25
Rob provides an update about the recently announced delay to MTD for Income Tax.
Pension contributions are tax efficient for both employee and employer
Rob reminds us that pension contributions to approved pension funds continue to be a tax-free benefit provided the annual input limit is not breached.
Tax-free childcare account subsidises summer camp costs
With the school summer holiday just round the corner, Rob reminds parents of the tax-free childcare account which available is for children under 12.
COVID – Paying deferred VAT
Taxpayers were permitted to defer any VAT return payments due to COVID-19 – Rob explains about the deferral payment schemes.
New VAT rules for Construction sector start 1 March 2021
Rob reminds us of the new rules which will impact on accounting for VAT for transactions in the construction sector.
New Year Resolutions to Save Tax
With the end of the tax year on 5 April, Rob talks about tax planning for pensions and inheritance tax.
HMRC’s launched 337,000 enquiries into taxpayers last year
Rob explains what can prompt a tax enquiry and what is involved if HRMC decide to launch an investigation.
Tax efficient property investment planning during uncertain times
We are currently operating in a market place ravaged by Covid-19. Everyone has been affected by it somehow, but the…
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Invest time to embrace technology and get so much more back!
Time is a precious commodity and technology is key to getting more of it. Whether your time-saving motivation is to…
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Self Assessment customers can benefit from enhanced payment plans
You can now apply online to automatically spread the cost of your Self Assessment tax bill into monthly payments.
Certain property business owners are liable to Class 2 NICs
Property management activities which determine whether a property owner is a self-employed earner.
Notify HMRC of overclaimed CJRS “Furlough” grants within 90 days
Rob explains that errors need to be corrected and there have been numerous wrongful CJRS claims.
Investors Relief – What’s the incentive?
James outlines the key conditions, incentives and limits for claiming Investors Relief.
Making Tax Digital is still advancing
Rob’s update on the progress of MTD for VAT and a reminder of the benefits that Xero brings for business
C2S Property Seminar Overview
Rob Case gives an overview of the C2S property webinar concerning investing in property
Summer Economic Update – Housing & Investment
Rob gives a summary of the measures announced today concerning housing and investment
Tax implications of investing in a Furnished Holiday Let
Rob explains everything you need to know before you invest in a furnished holiday let from a tax perspective
I’m an employee – can I claim for business use of home?
Gina explains the tax relief which is available to employees who are home working
Self-Employment Income Support Scheme (SEISS) – The Next Steps
Will explains what you need to know about SEISS which is expected to ‘go live’ soon.