Taking the trouble out of Tax

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Heads Up

Keep up to date with important news that affects your taxation status by regularly visiting this page!

We post articles of interest about changes in tax rules and legislation that could trip up the unwary if they miss a change that affects them, or might potentially offer significant savings to those who it aimed at.


 

Supplying Digital Services?

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This affects anyone supplying digital services outside their own EU member state. For example anyone selling access to downloadable programs, digital music, broadcast TV and radio, and subscriptions f...

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Employment Allowance

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Big benefits for Employers come from the HMRC’s £2000 reduction in Employer’s NIC (National Insurance Contribution) which can be claimed through Payroll software. The benefit doesn’t...

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Pay Up First – then disputeTax

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In future, if you have tax in dispute with HMRC , and they are alleging that your ‘scheme’ is covered by the disclosure rules or the GAAR (general anti-avoidance Rules), HMRC can demand th...

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£5000 Interest – Tax-Free allowance

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From  6th April 2015, savers on low incomes will be able to earn £5000 interest etc without being taxed. If you’re on a low income and have savings with a bank or building society you could be p...

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Seed Investment Scheme News

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The Seed Investment Scheme has now been made permanent. The scheme gives 50% income tax relief up to an investment of £100,000, and CGT exemption on the investment. You can also use it to exempt up to...

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Charities – Gift Aid Tax Submissions

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From 30th September, all Charities with over 1000 lines (donors) in the claim period will need to submit their Gift Aid returns online through 3rd party or in-house developed software. Smaller claims ...

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