The notion that there has been virtually no interest on mortgages for so long does tickle me. It is probably the most boring subject in the world, just above tax I suspect! Sadly, this lack of interest on so many levels does impact a lot of people, especially the self-employed,
What is this £312 tax rebate people keep talking about for an employee? You may have had to work from home during the coronavirus pandemic in tax year 2020/2021 and tax year 2021/2022 as a requirement from your employer. This will then mean additional household costs to have been incurred.
Spring has sprung (OK, it is snowing as I write this but forgive me), the daffs are out, the sap is rising, what a time to be alive! And what better time than to check out the latest episode of our favorite soap, “Downing Street”, starring Dishy Rishi and his
As things have changed over the last 18 to 24 months, more and more musicians, singers and actors have turned to teaching online as live performances were non-existent. Those that have done it really well (yay!) may have found that they are approaching the VAT threshold for the rolling 12
It’s very easy to get comfortable at this time of the year; the dark mornings and evenings are long, you can keep the central heating on for an extra hour or so, chuck on your comfy clothes… and, now, put off filling in your tax return for a month. Really?
A few years ago, the Conservatives pledged to abolish the tax return. “Bravo!” I hear you cry! Of course, accountants like me despaired, we’re talking head in hands time. Naturally, the taxpayer went “woo hoo” and gave it no more thought. I don’t blame you one bit. However….as ever, the
Am I a Scottish Tax Payer? I know it sounds like a daft question, but it is not that obvious as you could live in England and work in Scotland, or live in Scotland and work in England. So where do you pay your taxes? The simple answer is:
Tax adverts causing panic? Hi guys. Well, no doubt you have seen all these adverts for accounting systems saying the way we report numbers to HMRC is changing and it has to be digital & online every quarter. They want to sell their “MTD” accounting systems to you, but they
When you complete your self assessment tax return and the self employment section, there is a question about if you have used “the cash basis” to do your accounts. Many people understand it to be if you have created your accounts based on money received and money spend in
A bit of a cheeky video for this blog. Do you really need to consult an expert?
The spreadsheet has been built for the self employed performer to be able to capture their costs in an ordered fashion which will make it easier to complete the page in the self assessment tax return.
