Tax

The past few years have seen households focus on reducing household debt and increase their savings. Tax advantaged saving still provides a valuable boost to… Read More »Saving with a Tax Advantage

HMRC is launching thirty new taskforces in 2012/13 to crackdown on those businesses it believes are likely to attempt to evade tax. Likely targets include… Read More »Will you be an HMRC taskforce target?

HMRC finally changed its stance on smartphones like the iPhone and Blackberry last month, and they now qualify as ‘mobile phones’. This means that smartphones… Read More »HMRC gets smarter on smartphones

For the 2012/13 tax year, basic tax free allowances have increased from £7,475 to £8,105.    However, the point at which higher rate tax will apply… Read More »The 2012/13 tax year starts on 6th April Do you want to stay tax and NI efficient?

What is a capital allowance? If you buy an asset to use in your business that has a life of more than two years, you… Read More »Capital allowances

As with business plans, reviewing your personal finance plans will help you to make the most of your money. Inheritance tax (IHT) is an area… Read More »Time to review your inheritance tax planning?

HMRC has changed the fuel advisory rates for the third time this tax year. The new rates apply to all journeys on or after 1… Read More »Changes to fuel advisory rates

2011 tax returns have to be filed before 31st January 2012. If you have not yet submitted your tax return information for the tax year… Read More »Have you sent us all we need to complete your 2011 Tax Return?

Whether you are a business owner or a full time stay-at-home parent, there are measures you can take now to minimise your tax liability this… Read More »End of year tax planning pointers

It surprises many people arriving in the UK, or leaving to go abroad, that UK tax residence status is not currently defined by legislation, but… Read More »UK Residence – new statutory test proposed from April 2012