You can give away £3,000 worth of tax efficient gifts each tax year (6 April to 5 April) without them being added to the value of your estate. This is known as your ‘annual exemption’. You can carry any unused annual... read more

Making Tax Digital is almost here. 1 April 2019, VAT registered traders with turnover in excess of the current VAT registration limit, £85,000, will need to file returns after 1 April 2019 linked to HMRC’s Making Tax Digital (MTD) systems. Accounts... read more

Please note our offices are closed from the end of Friday 21st December 2018 and reopen on Wednesday 2nd January 2019. read more

Fake HMRC phishing scams continue to trick taxpayers into parting with their well-earned cash. The HMRC website contains the following helpful information to save you being caught … Email addresses Email addresses HMRC will never send notifications by email about tax rebates or refunds. Do... read more

Marriage Allowance lets you transfer £1,190 of your Personal Allowance to your husband, wife or civil partner - if they earn more than you. This reduces their tax by up to £238 in the tax year. To benefit from this arrangement, you (as... read more

Christmas time tax-free perks are available if you are organising a Christmas party for your staff. Many businesses take time out to provide their employees with a work based party or similar event. If you are concerned about the tax... read more

Any taxpayer is allowed to make tax-free capital gains of £11,700 during the 2018-19 tax year. There are also a number of circumstances when a disposal does not create a taxable gain. These include: The sale of personal assets worth less... read more