Category Archives: Tax advice

HMRC’s Screeching U-turn on Double-Cab Vans

HMRC’s Screeching U-turn on Double-Cab Vans Only a week after HMRC released new guidance that classed double-cab pickups as cars rather than vans, the government has now performed a screeching U-turn and has reversed this decision.  HMRC had recently revised its interpretation of how double-cab vans would be treated for income tax purposes (12th February […]

The Tax Implications of Benefits In Kind

The Tax Implications of Benefits In Kind When managing a business, it’s crucial to understand that providing benefits, perks or covering expenses for employees comes with tax implications. Completing a P11D The P11D form is an annual document submitted to HMRC by employers. It lists expenses or benefits provided to employees during the year. If […]

Getting Ahead With Your Next Tax Return

It’s Never Too Early to Think About Your Tax Return   Tax can be pretty intimidating. Even the toughest among us can feel the pressure when tax season rolls around. And let’s face it, sometimes we leave things until the very last minute, hoping for the best. We had many clients last month who really […]

Not All Money-Saving Heroes Wear Capes

Super-tax expert Our super-tax expert James Brinded received a very interesting thank you this week. It was from a client for whom he battled with HMRC, in order to save her tens of thousands of pounds. Because that’s what heroes do. His marvel-lous ability to harness the power of numbers meant he was able to […]

Why should I file my Self Assessment tax return Early?

In this article Why file your Self Assessment return early If you file early, do you have to pay early? Benefits of filing early How Moorgate can help you Will Moorgate save you money? Our personal service How to contact Moorgate Why Should I File My Self-Assessment Tax Return Early? You don’t have to wait […]

Claiming Tax Relief on Expenses

Can I claim tax relief on expenses I incur for work?

How Do I Claim Tax Relief on Expenses I Incur for My Job? You might be able to claim tax relief if• you use your own money for things that you must buy for your job • you only use these things for your work You cannot claim tax relief if your employer either gives […]

Dealing with your Tax on Overseas Income

Returns for overseas income - Moorgates

Tax Returns for Overseas Income If you’re living or working abroad, you may still have to pay UK tax on some or all of your income. It all depends on where the money’s coming from and what your tax residence status is. This is a very complex area of tax regulation, and the rules that […]

CIS – Construction Industry Scheme

What is the Construction Industry Scheme (CIS)? The Construction Industry Scheme has been set up by HMRC to ensure subcontractors cannot evade tax within the UK construction industry and to protect them from false employment. Under the scheme, registered contractors deduct money from the subcontractor’s payments. This then goes directly to HMRC as advance payment […]