by Peter Bowyer | 15th November 2019 | News
New figures have revealed that self-assessment taxpayers owe HMRC more than £1.6 billion in late payments from 2017/18 alone. Although a record 11.5 million people submitted their tax returns before the 31 January 2019 deadline, not everyone has paid their bill to the... 
by Peter Bowyer | 28th October 2019 | News
The Association of Taxation Technicians (ATT) has warned that plans to remove the Employment Allowance for large employers could impact smaller firms too. Currently, the allowance provides employers with a reduction to their national insurance contributions (NICs)... 
by Peter Bowyer | 21st October 2019 | Blog
With IR35 being rolled out to the private sector from April 2020, businesses have just six months left to prepare for the new payroll rules which will be coming into force. Changes to IR35 Currently, contractors who operate through their own personal service company... 
by Peter Bowyer | 27th September 2019 | News
Following repeated disputes and calls to abolish it, the Treasury has announced plans to review the tapered annual allowance for pensions. The scheme currently applies to those with a taxable adjusted income of more than £150,000 and a threshold income over £110,000.... 
by Peter Bowyer | 12th September 2019 | Blog
For most people living in the UK, the question of what income and gains should be included on their tax return is easily answered because they are both UK-domiciled and a UK tax resident. Anyone domiciled and resident in the UK needs to report their worldwide income...