by Lisa Dickson | Jan 1, 2018 | Newsletters
Year-End Tax Guide 2017/18 Personal allowances and reliefs The personal allowance for the current tax year is £11,500. Non-savings income above the personal allowance is taxed at rates from 20% to 45%. A higher marginal tax rate may be payable between £100,000 and...
by Lisa Dickson | Dec 13, 2017 | Compliance, Small Business Accounts
Audits may be a thing of the past, but certain annual reports still apply. If you’re a business owner, you may be familiar with the process of submitting your accounts for official inspection by an independent body. This is known as an audit. You may also breathe a...
by Lisa Dickson | Dec 6, 2017 | HMRC and tax
How to complete your self-assessment tax return online. For self-employed people, company directors and those receiving other sources of income, it’s the time of the year to send your self-assessment tax return. Self-assessment is the process used by HMRC to collect...
by Lisa Dickson | Nov 30, 2017 | Newsletters
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month’s insights below, or download our Newsletter and read it at your leisure. Highlights Chancellor freezes VAT threshold until 2020 Treasury delays...
by Lisa Dickson | Nov 23, 2017 | Newsletters
Introduction Chancellor Philip Hammond said he’d take a “balanced approach” to his second Budget of 2017. Once again the speech was light on headline-grabbing finance changes and there were no ‘giveaways’ or major surprises. Instead, the chancellor focussed on...