How to persuade HMRC that an error on your tax return wasn’t deliberate

September 21, 2021

This is the scenario: HMRC has claimed there are deliberate (rather than careless or innocent) errors on your tax return. […]

If you’re transferring a share of a rental property to save tax, be aware of a stamp duty surprise

September 7, 2021

Higher-rate paying landlords often give a share of their rental property to a spouse who pays income tax at the […]

People are paying more in income tax – take advantage of all your allowances

August 31, 2021

According to data from HMRC, income tax paid by the public has doubled over the past two decades. By 2019-18, […]

Capital allowances, the basics broken down

August 17, 2021

When equipment is purchased for use in a business, tax relief is given in the form of capital allowances (CAs). […]

Accelerated tax payments, the writing has been on the wall for some time

August 10, 2021

The government is planning to accelerate tax payments, with quarterly or maybe even monthly payments demanded from companies and individuals […]

Reward your staff with a cost-free pay rise

August 4, 2021

If you’re a business owner – and if you didn’t know this already – this past year would have shown […]

Improvement or repair? Know your tax deductions for buy-to-let property

July 5, 2021

Over the last decade, there have been many changes to the tax rules around buy-to-let properties. If you are a […]

How long does HMRC have to start an enquiry?

June 22, 2021

Imagine this scenario: in May, you receive a letter from HMRC, querying a figure on your 2018/19 tax return. But […]

Chancellor’s Summer Statement 2020

July 9, 2020

Michael Lansdell is a founding partner at specialist dental and medical accountants Figurit and a chartered accountant. Here, he discusses […]

COVID-19 – the latest advice

March 23, 2020

For most of us, our work and personal lives have become unrecognisable in just a few short weeks. The COVID-19 […]