What tax do I need to pay by 31 January 2021?The self-assessment tax return for 2019/20 must be filed by midnight on 31 January 2021. If you miss this deadline, you will automatically…Jan 2, 2021Jan 2, 2021
Letting a property at less than market rentThis year has been difficult for many and landlords may not have been able to secure the full market rent for a property. Landlords may…Dec 21, 2020Dec 21, 2020
Should I reduce my payments on account?The deadline for filing your 2019/20 tax return is fast approaching, as is the due date for the first payment on account for 2020/21. Now…Dec 16, 2020Dec 16, 2020
Grants for businesses affected by national restrictionsMany businesses have been forced to close as a result of the national and local restrictions introduced to slow the spread of Coronavirus…Dec 14, 2020Dec 14, 2020
Utilise the trivial benefits exemption to provide tax-free Xmas giftsThe Covid-19 pandemic has placed the office Christmas party firmly off the menu this year. Regardless of what restrictions are in place…Dec 10, 2020Dec 10, 2020
Postponed VAT accounting from 1 January 2021The Brexit transitional period comes to an end of 31 December 2020 and various changes come into effect from 1 January 2021. One of these…Dec 9, 2020Dec 9, 2020
Have you got your Economic Operators Registration and Identification number (EORI)?From 1 January 2021, you will need an Economic Operators Registration and Identification (EORI) number to move goods between Great Britain…Dec 7, 2020Dec 7, 2020
Tax efficient remuneration using pension contributionsDespite on-going speculation that the government will intervene at some point, for now, making contributions into a pension scheme…Dec 5, 2020Dec 5, 2020
Tax Relief on Business LoansInterest paid on loans used for qualifying businesses purposes should be eligible tax relief and can save up to 45% of the cost of the…Dec 3, 2020Dec 3, 2020
The Off-Grid DayBlocking out a whole day once a month can work wonders for your productivity.Dec 2, 2020Dec 2, 2020