Proving your income for a mortgage has often proved a challenge. If you were applying for a mortgage, lenders used to ask for an original copy of the form  SA302 which HMRC would print and send direct to you. This... read more

HMRC's New Growth Support Service has been launched to help mid-sized businesses as they expand and grow. This is what their press release says: There are around 170,000 mid-sized businesses registered in the UK. Businesses with either a turnover of... read more

If your employment requires that you obtain and maintain membership of a professional organisation, you can make a claim to set the cost against your taxable earnings for income tax purposes. As you would expect there are a few hoops... read more

Property letting is getting more complex from a tax perspective and HMRC has recently published a list of popular misconceptions that taxpayers have about letting property. We have listed below a summary of situations where you will need to declare... read more

Tax enquiries are on the increase and HMRC's income from compliance enquiries  rose to record levels in 2016-17. The increase amounted to £2.3 billion so you can see how seriously HMRC are taking tax compliance! What can you do to protect yourself? ... read more

The new landlords interest restriction limits tax relief for finance costs on residential properties to the basic rate of Income Tax. This is being introduced gradually from 6 April 2017. Finance costs cover mortgage interest, interest on loans to buy... read more

Paying voluntary NICs (national insurance contributions) can make a difference to your entitlement to your state retirement pension and certain other state benefits. There are various reasons as to why gaps may arise in your NIC record - you may... read more