HMRC announced last week that they were scrapping the £100 late filing penalty for self-assessment tax returns, providing the return is f...

Feb 03, 2021 / Read More

The countdown to the personal tax return deadline is now well underway, so what issues should you be aware of that may delay the processi...

Dec 16, 2020 / Read More

HMRC confirms grants for the self-employed fraudulent or paid in error was originally published in No Worries Accounting on Medium, where...

Oct 12, 2020 / Read More

We will be starting a new tax year in a short few weeks, and never has there been such uncertainty with regards to what it will hold. Bre...

Mar 03, 2020 / Read More

Budget day has been set for 11 March and as is always the case, the rumours, speculations and hearsay’s have begun.

Feb 11, 2020 / Read More

Claiming expenses through your limited company is a great way to pay less tax. Your Corporation Tax is calculated on your company profit,...

Dec 17, 2019 / Read More

Although the tax and NI exemption for trivial benefits was introduced over 3 years ago, there are still few directors taking advantage of...

Dec 16, 2019 / Read More

If you have a buy-to-let (BTL) property in the UK, you would have by now seen your profits dwindle with the restrictions in tax relief on...

Nov 20, 2019 / Read More

From April 2020 changes are being implemented to tackle the so-called ‘flipping’ of properties and better target the exemption of owner-o...

Nov 13, 2019 / Read More

HMRC have issued a briefing — reform of off-payroll working rules — covering the rules applying to the private sector from 6 April 2020.

Oct 30, 2019 / Read More