FOCUS:: Tax going digital
Making Tax Digital is a key part of the government’s plans to make it easier…
FOCUS:: UK Economy – Forcasts looks beak with today results
Current Bank Rate 0.25% View past decisions Next due: 3 Aug 2017 Quantitative Easing Asset…
FOCUS:: German tax on income
Tax instalment payments are withheld from employees’ salaries by their employers. Self-employed individuals and…
FOCUS:: Basic Tax Fact 2017/18
Basic tax rates for year ending 5th April 2018, IPI – Basic Facts 2017-18
FOCUS:: BASIC TAX Facts 2016/17
Basic tax facts for year ending 5th April 2017, IPI – Basic Facts 2016-17
FOCUS:: Expenses to claim for being self employed
Costs / expenses you can claim for as allowable expenses These include: office costs, eg…
FOCUS:: Self Employed Taxes – (NICS Class 2 and 4, Income Tax) for tax 2017/18
Being self employed can be a daunting experience and somewhat confusing. The facts are, if you…
FOCUS:: Residency – UK or foreign taxes
There are numerous tests for your residency rules. Statutory Residence test Automatic overseas test Automatic residence…
FOCUS:: Capital Allowances for sole traders
If a business or individual uses a capital asset for use in their business (machinery,…
FOCUS:: PAYE/NIC – Employee P60 deadline reminder
The deadline for issuing employees with P60s for the 2016/17 tax year is 31 May…
FOCUS:: Penalities for late filing of tax return
Initial late penalty after due date of 31 Jan (online) is £100 Return > 3…
FOCUS:: Personal Tax 2017/18
Personal allowance (a) is £11,500 for 2017/18 Income limit for personal allowance (b) £100,000 Blind person’s…