Plenty of people file their tax returns themselves, but how do you know it’s time to hire an accountant for self-assessment? Here’s what you need to know.
Even if you have all your tax affairs in order, HMRC investigations can be stressful. Here’s what to expect and how to survive the process.
VAT payments on account are mandatory for businesses with high VAT-taxable turnovers. Read more to find out how it works.
If you run a limited company, you’ll need to meet certain statutory reporting requirements for companies each year. Here’s what you need to prepare.
High earners taxed via PAYE need to register for self-assessment when they meet the self-assessment threshold. Let’s dive in.
Capital Gains Tax in Scotland is a key component of the tax system, affecting both individuals and businesses across the country. Grasping the various mechanics of CGT, including its bands, rates and allowances, is fundamental for anyone who buys, sells or trades...
Understanding HMRC’s SA1 form is essential for anyone who needs to register with HMRC for tax self-assessment but isn't self-employed. It's specifically designed for individuals with income sources such as rental earnings, certain investments, and savings that aren't...
Your company is legally required to pay tax on its profits, but there are ways to reduce corporation tax while still complying with your legal requirements. The Government offers various tax reliefs, allowances and incentives that could help you minimise your...
Capital gains tax (CGT) is paid on profits created when you sell an asset that rises in value. So, how is capital gains tax calculated?
Becoming the subject of a tax investigation can be stressful. Tax investigation advisers can ease your worries and help you get the best outcome possible.