Simplified expenses motor vehicles
There are simplified arrangements in place for the self-employed (and some partnerships) to claim a fixed rate deduction for certain expenses where
Simplified expenses use of home
If a taxpayer is self-employed and running a business from home, there are simplified expense rules available for claiming a fixed rate deduction for
How dividends are taxed
The dividend tax allowance was introduced in April 2016. It replaced the old dividend tax credit with an annual £5,000 dividend allowance with
Blind Person’s Allowance
The Blind Person’s Allowance is an extra amount of tax-free allowance made available to those who are eligible. The allowance for the current
When can you increase your rental income?
The ability to increase the rent on private rentals is driven by the tenancy agreement. This is an agreement between the landlord and the tenant. The
Advising HMRC of changes in your personal details
If your personal details change, you may be required to notify HMRC as this can affect your
Tax payment time again
If you make Self-Assessment payments on account, you will no doubt be aware that the second
Who should register for self assessment?
There are a number of reasons why a taxpayer is required to complete a self assessment return. This
Rent-a-room scheme
The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in
HMRC cancels penalties charged to 6,000 families
The High Income Child Benefit Charge (HICBC) was introduced in January 2013 and applies a charge to