by Lisa Dickson | Sep 22, 2017 | Bookkeeping 101, HMRC and tax
Bertie considers himself a lucky man – he runs a successful business that over the years has brought him great pleasure, some fantastic friendships and has kept him comfortably well off. A generous man, Bertie likes to share the love and takes an enormous amount...
by Lisa Dickson | Sep 11, 2017 | HMRC and tax, Payroll
A guide for employers on topical payroll issues. Employers need to keep an eye on changes affecting payroll so all employees have the right amount of tax deducted under PAYE. This is a round-up of the latest payroll-related developments. Dynamic coding In July 2017,...
by Lisa Dickson | Sep 4, 2017 | HMRC and tax
Not everyone’s a winner with the recently-introduced residence nil-rate band. Rising property prices have left more families being elevated to millionaire status and dealing with the inheritance tax (IHT) implications that come with it. The Treasury collected £4.6...
by Lisa Dickson | Aug 28, 2017 | HMRC and tax
A guide for individual landlords on the recent tax changes. Whether you own one or 50 let properties, you need to be aware of the tax changes that have already started to take effect – and which will accelerate over the coming years. Restricted interest For periods...
by Lisa Dickson | Aug 23, 2017 | HMRC and tax, Personal Taxes
Making Tax Digital (MTD) will mean most businesses and taxpayers access their tax affairs online through digital tax accounts in the near future. But what impact will MTD have on your business? What is Making Tax Digital (MTD)? “Tax really doesn’t have to be...
by Lisa Dickson | Jul 21, 2017 | HMRC and tax, Personal Taxes
What combination of salaries and dividends should you take in 2017/18? As the owner and director of your own company, you can choose how and when to extract funds from your company. As almost all the funds you take out will create a tax charge in your hands, you may...
