Blog

To most people it's a mystery when HMRC send a tax demand which includes penalties. If they relate to a late tax return then you can expect a £100 fine if you are one day... read more

Over the past year there have been several changes in tax for landlords. Unfortunately none of them are in your favour if you rent out property. Here are the main headlines ... Relief for Mortgage Interest This... read more

Many of our clients have been using the HFM Tax App as an easy way to check tax rates, run calculations and keep up to date with news that affect the money left in their... read more

The Chancellor's July Budget Statement announced good news and bad news on dividends. The nominal 10% tax credit on dividends has now gone and there is a £5,000 dividend tax allowance which means that no... read more

  Online Accounting Imagine a future in which you dealt with your receipts by taking a photo on your phone, or one in which all your business records were available online 24/7. Well, that world has already... read more

Do you need time to pay your tax bill? It happens to everyone but many people don't know that HMRC have a Payment Support Service who will consider reasonable offers to pay.  HMRC will charge... read more

HMRC have just published their top ten worst tax return excuses which have all, believe it or not, been used in appeals against a late filing penalty... My tax papers were left in the shed... read more