Category: Tax

Have you received a self-assessment reminder and how do you pay your tax?

If, like many people, you leave the preparation and filing of your tax return until the last minute, you would probably have been jolted into action by receiving a self-assessment reminder from HMRC. The reminders …

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Changes to the way Class 2 National Insurance Contributions are collected

If you are self-employed as a sole trader or in a partnership, the chances are you are liable to pay Class 2 National Insurance. Many years ago this used to be called “the stamp” – …

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Tax relief – what is it and how do you get some?

Do you want a tax bill of zero?

Many people will do almost anything to avoid paying tax… I can reduce your tax bill to a big fat zero – legally.

Let’s forget about the shenanigans of …

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Will your excuse for a late tax return work – or raise a laugh?

The deadline is looming

The deadline for filing your 2012/13 self-assessment tax return is 31 January 2014; if you file it late HMRC will issue an automatic £100 penalty. But, if you have a reasonable excuse …

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How to pay my self-assessment tax – updated 7th January 2014

This is a question I am often asked at this time of year.

The due date for paying the balance of 2012/13 self-assessment tax is 31 January 2014, together with your first payment on account for …

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PPI Taxation Timebomb?

Welcome to 2013

Firstly welcome to my first blog posting for 2013. New year, new resolution .. more blogs. Well, we shall see. If you have any ideas on subjects or topics that you’d like me …

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Child Benefit, tax and self-assessment implications explained

You may have heard on the TV or radio, or read press reports, about the changes being made to Child Benefit.

Here is a brief outline of what is happening to Child Benefit and how you …

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The 2012 Budget – 21 March 2012

This must have been one of the worst kept secrets of all budgets. With all the “leaks” or “advertising” that has occurred over the last few days, there were few surprises this time around.

It has …

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