Getting Help to Deal with the Rising Cost of Living

Getting Help to Deal with the Rising Cost of Living

Getting Help to Deal with the Rising Cost of Living In these uncertain times with inflation at 7% and rising, the economy still recovering from the pandemic and the impact of the conflict in Ukraine, we are all, to some degree, anxious about our financial security. We...
Pay Slips Explained

Pay Slips Explained

Following lots of questions from our clients we have asked our experts to decipher the mystery of pay slips for you – we have used a dummy pay slip for reference, click here to view the full article: PAYSLIPS EXPLAINED By Intellect and Dummy Payslip The article...
HMRC – The Post Backlog Mountain!

HMRC – The Post Backlog Mountain!

  HMRC – “We are now working through the stocks of post that built up over the past year.” Sometimes our clients express their frustration when we cannot answer their queries straight away or we tell them that HMRC claim not to have received documents that...
Changes to HMRC payment deadlines

Changes to HMRC payment deadlines

  Important changes to HMRC self-assessment payment deadlines 2022 The payment deadline for self-assessment tax bills remains 31 January 2022. Interest will be charged on unpaid tax bills from 1 February 2022 at HMRC rate of 2.75%HOWEVER the late payment penalty...
That Taxing Time of Year – Part Three

That Taxing Time of Year – Part Three

  IT’S THAT TAXING TIME OF YEAR AGAIN – Part Three HMRC may know many things but they are not yet psychic! They will not know you need to file a tax return because you are self-employed unless you tell them. The first step in your tax return journey is to...
That Taxing Time of Year – Part Two

That Taxing Time of Year – Part Two

IT’S THAT TAXING TIME OF YEAR AGAIN – Part Two If you are a couple in a fostering household you may be able to use a partnership arrangement to reduce your tax bill. We have saved carers thousands of pounds of tax over the years by resubmitting their tax returns for...