Will Making Tax Digital bridge the tax gap?

Will Making Tax Digital bridge the tax gap?

Making Tax Digital is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs – meaning the end of the annual tax return for millions. HMRC has published its latest estimate of...
Are you a Micro-Entrepreneur?

Are you a Micro-Entrepreneur?

Micro-Entrepreneur’s relief was announced in the March 2016 budget, coming into force from 2017/18. This is a £1,000 allowance from property and trading income working in a similar way to the current rent-a-room relief in that the first £1,000 of gross income is...
Self-employed tax expenses if you work from home

Self-employed tax expenses if you work from home

Trying to find out what you can and can’t claim back as a self-employed can be a minefield. Having a good accountant can help you save time and shave money off your next tax bill. Here are some of the most common questions we receive from our clients regularly. 1. Can...