Category: Tax Returns

Our UK tax returns archive is a comprehensive and up to date knowledge base for all your tax related questions.

Whether it’s a self-assessment tax return, corporation-tax report or your limited company’s year-end accounts, here you will find advanced guides, news updates, expert analysis and tax rates predictions.

In need of some additional advice? Please don’t hesitate to contact us.

How to Maximise Your Tax Efficiency – 15 Top Tax Tips for 2019/20

How to maximise your tax efficiency in 2020/21 – Top tax tips to help reduce your tax bill

How to maximise your tax efficiency this year?​
There are many solutions you should be aware of in order to fully optimise your take home pay in 2020/21.
To help you get started today, here’s a quick review of some of the benefits available for you and your business.

2020/21 new tax year rates in the UK

2020/21 Tax Year – What’s Changed?

A new tax year began on April 6th. It will introduce more than a few dramatic changes you should be aware of as a business owner. To help you get ready for the 2020/21 tax year, we have prepared a round-up of these key changes.

Making Tax Digital postponed to April 2021

One less thing to worry about. Making Tax Digital (MTD), delayed until April 2021.

Given the pressures on self-employed people and small business owners at the moment, we’re pleased to see that there’s no need to worry about new Making Tax Digital (MTD) compliance for the time being.

Taking salary and dividends

Taking salary and dividends before the end of this financial year

As the end of the current financial tax year is fast approaching, it’s a good idea to think about whether you have fully maximised the amount you can withdraw from the company, tax-free and at the basic rate of dividend tax.

Small Business Tax Milestones for 2020

Important Tax Milestones in Your First Year as a Small Business Owner

Your first year as the owner of a limited company can seem like a whirlwind of accountancy-related deadlines. There are dates to remember for filing your year-end accounts, your self-assessment tax return, your VAT returns…and a host of different dates for making payment of your various taxes. Here is how you stay on top of everything.

Self Assessment Tax Return

How to Prepare Your Self-Assessment Tax Return

With the deadline for submitting your Self-Assessment Tax Return just around the corner, it’s a good idea to start getting your finances in order so that you don’t have a last-minute panic.

What you need to know about Corporation Tax

What you need to know about Corporation Tax

When you set up and run a limited company using our online bookkeeping service, it’s important to understand how Corporation Tax works. Corporation Tax is based on the profits your company makes; so you must ensure you set aside enough of your company’s income to pay the tax by or before the deadline. Late or inaccurate payment could mean you face fines and penalties from HMRC.

IR35 Tax Investigation by HMRC

Double IR35 Blow: HMRC Loses To TV Presenter Helen Fospero and IT Contractor Richard Alcock

English TV presenter and journalist Helen Fospero, has become the ninth broadcaster to claim victory over HMRC at the first tier tribunal.