Tax return What are the benefits of filing your tax return early? 16 August 2024 Laura Hicks 0 comments It can be a misconception that you must wait until January to file your tax return. Read more What is the deadline for self-assessment tax return 2023/24 | Paying your Tax Due for the 2023/24 Tax Year Early 12 June 2024 Mike Wakeford 0 comments The 2023-24 tax year ended on 5 April 2024 and the new 2024-25 tax year started on 6 April 2024. Most taxpayers will be happy to leave dealing with their 2023-24 self-assessment tax returns until later this year or even until January 2025. Read more What are the Tax-free allowance's on trading and property income? 2 May 2023 Mike Wakeford 0 comments A reminder that there are two separate annual £1,000 tax allowances for property and trading income. If you have both types of income highlighted below, then you can claim a £1,000 allowance for each. Read more Time To Pay threshold increase 4 February 2021 Chris Goodwin 0 comments In October, HMRC increased the threshold of self assessment liabilities from £10,000 to £30,000 for individuals setting up Time to Pay arrangements. Read more The SEISS 3rd Grant Deadline Is Fast Approaching 26 January 2021 April Foster 0 comments The deadline to claim the third Self Employment Income Support Scheme grant is Friday 29 January 2021. Read more Changes To Late Filing Penalty For 2019-20 Self Assessment Returns 25 January 2021 Matthew Grief 0 comments HMRC have today announced that Self-Assessment customers will not receive an automatic penalty for filing their 2019-20 tax return late, provided it’s filed online by 28 February 2021. Read more
What are the benefits of filing your tax return early? 16 August 2024 Laura Hicks 0 comments It can be a misconception that you must wait until January to file your tax return. Read more
What is the deadline for self-assessment tax return 2023/24 | Paying your Tax Due for the 2023/24 Tax Year Early 12 June 2024 Mike Wakeford 0 comments The 2023-24 tax year ended on 5 April 2024 and the new 2024-25 tax year started on 6 April 2024. Most taxpayers will be happy to leave dealing with their 2023-24 self-assessment tax returns until later this year or even until January 2025. Read more
What are the Tax-free allowance's on trading and property income? 2 May 2023 Mike Wakeford 0 comments A reminder that there are two separate annual £1,000 tax allowances for property and trading income. If you have both types of income highlighted below, then you can claim a £1,000 allowance for each. Read more
Time To Pay threshold increase 4 February 2021 Chris Goodwin 0 comments In October, HMRC increased the threshold of self assessment liabilities from £10,000 to £30,000 for individuals setting up Time to Pay arrangements. Read more
The SEISS 3rd Grant Deadline Is Fast Approaching 26 January 2021 April Foster 0 comments The deadline to claim the third Self Employment Income Support Scheme grant is Friday 29 January 2021. Read more
Changes To Late Filing Penalty For 2019-20 Self Assessment Returns 25 January 2021 Matthew Grief 0 comments HMRC have today announced that Self-Assessment customers will not receive an automatic penalty for filing their 2019-20 tax return late, provided it’s filed online by 28 February 2021. Read more