HMRC could soon collect unpaid tax directly

May 12, 2014

From 2015, HMRC could be able to collect any unpaid tax over £1,000 directly from the non-payer’s bank or building society account, if they fail to pay or are uncooperative.


2014 Budget Sum Up from Figurit

April 28, 2014

The 2014 budget was clearly aimed at winning the hearts (and votes) of savers and pensioners but also saw good news for business owners alike.


Part 1: Budget News in Detail – Good news for Saving and Pensions!

April 28, 2014

So, the Chancellor really is pulling out some unexpected and radical stops to aid the country’s financial “crisis” by incentivising savings via savings accounts, ISA’s and pensions.


Part 2: Budget News In Detail – Tax avoidance schemes under further attack

April 28, 2014

Very shortly HMRC will be able to force people who participate in tax schemes to pay their tax up-front, while HMRC and the courts decide whether or not the arrangements are legal.


Part 3: Budget News in Detail – Why incorporation makes more sense than ever

April 28, 2014

Whilst the budget was very much around personal taxes, savings and investments, a few excellent things came out for businesses as well, including the surprise announcement of the doubling and extension of the Annual Investment Allowance.


Claim your £2,000 NI allowance this year

March 17, 2014

The new Employment Allowance (EA) is being introduced from 6 April 2014, read further to find out about how you can potentially reduce your NI bill by up to £2,000!


How to avoid HMRC squeezing extra tax from you

March 17, 2014

It is hard to believe that the HMRC do actually target small, innocent businesses for investigation to squeeze extra money […]


Last last last minute tax planning

March 17, 2014

It is now mid March and two weeks (more or less) left of this tax year. Whilst Figurit do everything […]


Tax Tips for your rental property

March 17, 2014

If you own a rental property you may or may not be up to date with some of the tax […]


Splitting your salary and dividends for optimum tax efficiency

February 17, 2014

If you have traded as a director of a limited company for a while then you will no doubt be […]