If it matters to you, then it matters to us.

Earnings over £100,000?

If your taxable earnings for 2015-16 are likely to exceed £100,000, perhaps for the first time, now would be a good time to consider your tax planning…

The government has published an update of the various grants and support available to individuals and businesses affected by flooding in recent months. The announcement is reproduced below:

Government…

On 1 February 2016, the responsibility for ensuring that tenants have a right to live in the UK was passed from the Home Office to landlords, the so-called right to rent checks.

The following…

Most of our readers will be aware that they can make chargeable gains of up to £11,100 in the tax year 2015-16 and pay no CGT. This exemption cannot be transferred to a future tax year or carried…

As implied in the CGT planning article above, the 31 January 2016 was not only the deadline for filing your Self Assessment return online, it  was also the date when any underpayment of Income Tax,…

 1 February 2016 - Due date for Corporation Tax payable for the year ended 30 April 2015.

 19 February 2016 - PAYE and NIC deductions due for month ended 5 February 2016. (If you pay your…

Most of the UK taxes have exemptions and allowances that apply for each tax year. Many are increased in each year in the March budget. Almost none are transferrable from one tax year to another.

If…

At present, until 5 April 2016, there are opportunities to pay more into your pension fund and still qualify for tax relief. The maximum, for some tax payers, is doubled in 2015-16 from £40,000 to…

If you sell an asset that is subject to CGT the rate of tax you will pay will be 0%, 18% or 28%.

In the current tax year 2015-16, you are allowed to make gains of up to £11,100 tax free.…