Why Should I Use An Accountant To Do My Self-Assessment Tax Return? Let’s be honest, no-one really wants to fill out their self-assessment tax return themselves. It’s a boring job that you do because you have to. And most likely, you put it off until the very last day possible before the 31st January deadline. […]
Category Archives: Tax advice
Compliance, Moorgate update, Tax advice
What you need to know about the November 2022 Autumn Statement and your Tax
22
Nov
Nov
The November 2022 Autumn Statement Moorgate offers a comprehensive tax summary of the Autumn Statement by the Chancellor of the Exchequer, Jeremy Hunt. The Autumn Statement included a significant number of new tax announcements summarised as follows:
19
Oct
Oct
Congratulations! As a Director of your own limited company you’re going places. Hopefully you’ve also earned some money and now you’re wondering, how you pay yourself? As a business owner and a Director of a Limited company you have options. In this article Paying yourself through PAYE Paying yourself through dividends Combining PAYE and dividends […]
How much Tax is there to pay on a ‘Cash Gift’? We received a call today from a prospective client asking us whether there would be any tax to pay by either him or the recipients of cash gifts he wanted to make. He had called 10 other accountants before us for advice: 7 of […]
16
May
May
There has been a growing trend in Self Assessments being submitted early to HMRC. In the last five years the number of SA’s submitted on the first day of the tax year has almost doubled. The deadline is 31 January 2023, however getting ahead of the game and submitting early is a good idea and […]
Good news. HMRC have just announced that they will not be issuing fines for late filing of 2019/20 self assessment income tax returns for until after 28th February 2021. Less good is that HMRC have also said that they still would like to get paid on time and will charge interest from 1 February 2021 […]