Residential property owners hit again…

You have to ask yourself what the government has against property owners when they appear to be penalising them through the way their property income and gains are taxed. First there was the change to the way that tax relief was given on loan interest and then there...

HMRC start to issue tax calculations

HMRC has started to issue tax calculations and simple assessments for those taxpayers that are not required to file annual tax returns to ensure they have paid the correct tax for the year ended 5 April 2019. As with any correspondence you receive from HMRC I would...

Another implication of Brexit for employers

Are you an employer? Do you have any employees that are EU, EEA or Swiss citizens? If so, the following may be of interest to you. HMRC have estimated that more than two thirds of EU citizens in the UK are currently here for work. When the UK finally leaves the EU...

State pension forecast – is it reliable?

When preparing a client’s annual self-assessment tax return, where applicable, we recommend that they get a state pension forecast so that they are aware of what state pension they may be entitled to when they reach state pension age. It is also an opportunity to...

Payment Protection Insurance (PPI)

Payment Protection Insurance (PPI) is something which we are all aware of with the many advertisements on the radio and TV. More recently the focus has been on the deadline for making claims which is 29 August 2019. It has recently come to light that it is possible...