Blog

The current tax year, 2017-18, is the last year we have to prepare for the advent of the new reporting system, Making Tax Digital for Business (MTDfB). Following the recent budget, it is now clear... read more

Abolition of Class 2 NICs from April 2018 is one small step towards simplifying the system for the self-employed. Class 4 NICs will also be reformed to include a new threshold, the small profits limit... read more

We don't often blow our own trumpet but we are delighted to be recognised as one of the 100 Top Tax Blogs worldwide. And we are in some very illustrious company in the list of... read more

Just at the time we in the UK are getting ready to pay our annual tax bill, the story has just come out of a US man, Nick Stafford, who paid his $3,000 tax payment... read more

Tax return errors happen even when care is taken to do things properly. HMRC will then seek to claim penalties. If the tax return error means you have underpaid tax, HMRC will ask whether the... read more

New Year financial resolutions are in season ... here are few  to consider at the beginning of 2017: Contribute to a pension - it's never too early to do so and the contributions are tax-efficient too.... read more

It's that time of year again when, for our amusement, HM Revenue and Customs release their annual list of the 10 worst excuses taxpayers have given in the past year for filing a late tax... read more