Do I need to file a personal tax return for 2019?
The 2018/19 personal tax year ended on 5th April and we are now in the 2019/20 tax year. Every year we are asked the same thing – ‘Do I need to fill in a tax return?’. Here is…
What does my tax code mean? 2019/20 edition
What exactly do all the numbers and letters in my tax code mean? And what do I do if I think it’s wrong? HMRC generate your tax code based on the information that they hold about you and…
What is a P11D and do you need to complete one?
What is a P11D? The P11D form is a statutory form required to be filed with HMRC by businesses that detail benefits paid to their employees and the cash equivalents of those benefits. You will also need to…
Information to keep for your tax return
The 2018/19 tax year ended a few weeks ago on 5th April, for which many of us will need to produce and file a personal tax return . To make things easier, here is our list of the…
The weirdest excuses for missing the personal tax deadline and the most dubious expense claims
With just a week to go before the deadline for filing self assessment personal tax returns for 2017/18 on 31st January, HMRC has released its list of the weirdest excuses given to them for missing the cut off.…
Do I have to pay tax on my cryptocurrency gains?
Do I have to pay tax on my cryptocurrency gains? Cryptocurrency, particularly Bitcoin, saw their values soar throughout 2017, even if they did come back down to ground throughout 2018. Experts are divided over whether this is a…
How much will that Christmas gift really cost?
Thinking of giving a business gift for Christmas? It’s almost that time of year again when we hang the lights and decorate the tree, and you might be considering giving a Christmas gift or treat to your team…
Autumn Budget 2018
The Chancellor has today announced his Autumn Budget 2018 saying that ‘austerity ends’. Government finances are in a better state than expected and there are more treats than tricks in this announcement. The Budget covers a wide scope,…
Government release a ‘no deal’ Brexit pack for businesses
The Government has this week released a partnership pack providing guidance on what do in the event of a ‘no deal’ exit from the European Union (Brexit). They say that they are still expecting a Brexit deal to…
Do I need to file a personal tax return for 2018?
There are just under four months to go before the tax returns for 2017/18 are due for filing and payment. Every year we are asked the same thing – ‘Do I need to fill in a tax return?’. …