Blog

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

You may never have heard of them but the new 'Trivial Benefits' rules came into affect from the tax year 2016-17 and onwards. They mean that no income tax charge arises on a benefit provided... read more

Will your salary sacrifice arrangements will still work to save tax once the rules are changed in 2017? Salary sacrifice is when employees receive benefits taken in place of salary. In many respects these benefits provide... read more

  Changes to the VAT Flat Rate Scheme (FRS) were announced in the budget statement. HMRC is to introduce an additional test that will determine the flat rate percentage used by traders. HMRC think the benefits obtained... read more