You know what? I'm going to be that accountant today. The one who's a right pain about VAT. The one who asks awkward questions and wants to see the receipts. The one who, when you suggest a creative approach to your VAT return, goes very quiet. I have a reason for being that person. It [...]
Category Archives: Tax
01
Apr
Apr
Making Tax Digital for Income Tax isn't coming. For a lot of sole traders and landlords, it's already here. And yet most of the people I speak to still aren't quite sure what it means for them, what they need to do, or whether they should be panicking. (Spoiler: you shouldn't. But you should probably [...]
16
Aug
Aug
There’s nothing more stomach churning than a tax bill that’s far higher than you anticipated. If you’re not prepared, you can be left scrambling to get the necessary cash together, wondering where you went wrong, and dreading another unpleasant surprise in the near future. But taxes don’t have to be a shock. With the right […]
16
Aug
Aug
Self Assessment is the system used by HMRC to collect Income Tax from self employed people as well as those that receive other untaxed income from the UK like dividends from your own company, dividends from other companies, and income property. There are thresholds for some of these income types, and you can check if […]