by Lisa Dickson | Feb 19, 2018 | HMRC and tax
What tax powers are moving away from Westminster? It may feel like we’re living in increasingly uncertain times ever since the UK voted to leave the EU. That centred on most of the electorate’s desire to obtain more devolved powers from Brussels, but in reality,...
by Lisa Dickson | Jan 22, 2018 | HMRC and tax
What to expect when HMRC comes knocking. Anyone whose business comes under the microscope of HMRC is usually in for a roller-coaster ride. HMRC has upped its game in recent years when it comes to probing businesses or sole traders who may be suspected of falsely...
by Lisa Dickson | Jan 15, 2018 | HMRC and tax
How to include charitable donations in your tax planning strategy. Incorporating charitable giving into your tax planning strategy can be a useful way to reduce both your income tax and the inheritance tax (IHT) that will eventually become payable on your estate. As...
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 3, 2017 | HMRC and tax, Small Business Accounts
Updated for 2025/25 We are often asked for advice on the most tax efficient way of paying yourself from your company. The official term is ‘profit extraction’ – how to get more money out of your business and into your pocket – legally of...
by Lisa Dickson | Oct 18, 2017 | HMRC and tax
A guide to the VAT implications of having three entities involved in a transaction. VAT can get very complicated when there are three parties involved in a transaction. This may happen in an agency situation where one party is arranging for the supply of goods or...
