Now that the days are getting shorter as summer comes to an end, are you beginning to turn your attention to completing your 2022/23 self assessment tax return? If so, this article gives you some top tips to simplify the whole process for you. ...
If you pay tax under self assessment, it can sometimes be difficult to ensure you have enough money to pay HMRC when the payment deadline arrives. It is often a good idea to put money aside regularly to pay your tax. Here we look at how HMRC budget payment plans work and how these can ease the stres...
This is a question we are seeing being asked more and more, whether on HMRC’s online channels, in consumer internet forums, or in feedback received via our own website. It seems to be particularly prevalent when it comes to tax refund claims for PPI interest. Here we explain why you might be due ...
A new report on ‘Personal Assistant Employment Status’ has been put together by the National Direct Payments Forum, exploring self-employed personal assistant (PA)/carer arrangements. It also highlights the potential for ‘false self-employment’ in the care sector. Here we tell you more and highlight...
Some taxpayers have recently been told by HMRC that they owe a substantial amount as they have not paid the high income child benefit charge. These taxpayers thought the charge didn't apply to them because the child benefit payments were being paid into their ex-partner’s bank account. But because t...
We are sometimes contacted by unrepresented taxpayers who want to give away their house or other assets during their lifetime – perhaps because they are worried about inheritance tax or care fees in later life. This article looks at some issues to consider if you are thinking of doing this, includin...