Surplus in CGT receipts boosts UK Government’s finances

Surplus in CGT receipts boosts UK Government’s finances

Feb 25, 2019

According to the latest figures released by Office for National Statistics, income from taxes surpassed public spending by £14.9 billion, which has resulted in the Government’s largest January surplus since records began in 1993. Compared to 2018, there has been a ...

Blog, Business Advice, Tax

MP’s calling for more to be done to help the high street

Feb 21, 2019

MP’s are backing calls for changes to the current tax regime in a bid to halt the current decline in British high streets and town centres and allow them to flourish in the future. A report published by the Housing, Communities ...

Blog, Tax

ICAEW reveal valentine’s tax benefits

Feb 11, 2019

It may not be the most romantic reason to propose but with valentine’s day just a few days away the ICAEW are highlighting the tax benefits of getting married or entering a civil partnership. For example, as a wedding gift, each ...

Blog, HMRC, Tax

Record number of Self-Assessment tax returns filed by the deadline

Feb 04, 2019

HM Revenue and Customs (HMRC) has revealed that a total of 93.68 per cent of Self-Assessment tax returns were filed by the deadline. This equated to a record number of 11.5 million taxpayers submitting their 2017/18 tax returns by 11:59 pm ...

Blog, Business Advice, Tax

HMRC crackdown on online tax evasion in the UK

Jan 15, 2019

The Joint and Several Liability (JSL) notices, were introduced in 2016 to protect British businesses from being undercut by overseas sellers committing VAT evasion. Since then, HM Revenue and Customs (HMRC) has been able to crackdown on online tax evasion in ...

Blog, HMRC, Personal accounting, Tax

HMRC issue reminder over Self-Assessment tax returns

Jan 03, 2019

HM Revenue and Customs (HMRC) have issued a reminder that taxpayers have less than a month left to complete and submit their Self-Assessment tax returns. Ahead of the deadline on 31 January, there are still over 5.5 million returns left to ...

Blog, Tax

Capital gains tax payment rules warning to residential property owners

Dec 13, 2018

The Association of Taxation Technicians (ATT) has issued a warning to residential property owners, about the need to carefully consider the timing of any sale or gift of their property in future. The warning comes as from 6 April 2020, it ...

Tax