The problem of managing taxes is crucial to your personal financial success from budgeting, accounting and the dreaded tax return whether it is a self-assessment tax return for the self-employed or annual accounts & tax return for limited companies. A personal tax accountant can make the whole process much more
HMRC clearly need a break and that’s what came into place on the 12th June. HMRC have closed the main self-assessment helpline telephone number (0300 200 3310) until the 4th September. People trying to call that number will just be directed to online services where the taxpayer is supposed to
Ever wondered what you can and CANNOT get away with claiming on expenses? As you might expect, I’ve seen THE LOT! Sometimes, more than one might care to see if I’m quite honest! There seems to be a “grey area” for some folk, where the personal and the business world
You’ve gotta love Martin Lewis. Fighting the good fight and genuinely doing his best to ensure the great British public get their fair share and don’t miss out. He’s a national treasure but what about your treasure? You know, the pension you’ve been carefully squirrelling away ever since you were
Is HMRC bringing down the safety curtain against making tax digital for income tax? Whilst there is no official announcement yet. We need to be prepared. *Cue harpist and wobbly dream/nightmare sequence effect… * Way, way back, HMRC and the Treasury decided to launch a campaign for making tax digital
Or they did if you wished upon a star anyway*. However, some who went in search of this magic kingdom wanted to become the very star themselves, or at least snaffle a cameo role to add to their portfolio. Now, the leaders of this magical kingdom knew this and they
With rumours of a reduction in VAT gaining popularity (but still unlikely), I am urging performers to take a closer look at their earnings as the market recovers. I am concerned that whilst performers are now starting to generate more work, some are not fully aware of how to properly
Well, the 31st of July is fast approaching. Not long to go now. And you know what that means? No? Oh, well, for those people that have to make a payment on account through their tax return for last year, then that is the 31st of July deadline. So you
Imagine my surprise (spoiler alert…none) when this Saturday’s wholesome brekka with a coffee and the newspapers was rudely interrupted by the taxman. Not literally. There wasn’t someone in a bowler hat rapping at the door with an umbrella. If there was, there is always the very real threat that I
It turns out that this accountant has SOLE baby! Now, I’m not one to toot my own horn or trumpet my success, for a start, I was WAY more comfortable with the clarinet. That was before my voice became my musical instrument of course. However, the good folk at the
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.
