Finalist in the 2018 Surrey Digital Awards
I am pleased to announce that taxhelp.uk.com has again reached the finals of the Surrey Digital awards in 2018. The Surrey Digital Awards reward innovation and progressive thinking by businesses, individuals, events, charities or educational establishments. Digital Award winners span several industries and range from individuals to national companies, but all have at the core […]
Last chance to complete your 2017 HMRC tax return
The very final deadline to submit the 2017 tax return to HMRC is rapidly approaching – 31st January 2018. The deadline to have any tax deducted through your tax code in a later year (if possible) has already passed, so you will also now have to pay the tax liability by 31st January 2018 as […]
Budget 2017 Update
Today saw the 2017 Budget, thankfully some of the possible changes people had worried about were not introduced. VAT Rumours had been circulating that a possible reduction in the VAT registration limit would be announced. Currently the limit is £85000 meaning that many small businesses do not have to worry about quarterly reporting (or charging […]
HMRC tax refunds onto cards
In cases where a refund is due for the year, there is a possibility that this might go back onto a card that was used to pay tax – rather than come as a bank transfer or cheque as requested on the tax return. This is something to be aware of, in case you are […]
No tax payments at post offices in future
Unfortunately HMRC will no longer be allowing payments of tax to be made through post offices from 15th December 2017. This is likely to affect those living in the smaller towns the most, as many have seen bank branch closures and were told not to worry, as you could still use the post office for […]
HMRC to stop accepting credit cards
There is a good chance that quite a few people will go to pay their tax at the end of January 2018, but only then find out that HMRC has stopped accepting credit cards… From 13th January 2018 it will no longer be possible to pay your tax using a credit card, although debit cards […]
HMRC 31st October 2017 tax return deadline
The 2017 tax return year ended on 5th April 2017 – by now, nearly 6 months has passed since the end of the year so all the information to complete the tax return should be available. 31st October 2017 marks the first tax return deadline for the 2017 returns – although this date was for […]
HMRC tax code changes for 2017
A useful benefit for those with income taxed at source (pensions or employments) is the possibility of collecting underpaid tax through the tax code (interest free, and by instalments in a later year.) For example, if you had a liability that would have originally been due for payment on 31st January 2018 – by taking […]
HMRC October 2017 deadline to register for a tax return
A deadline often missed is the one to register for a tax return should one not already have been issued by HMRC. If you have untaxed income in the year to 5th April 2017, then you must notify HMRC by 5th October 2017 so that a tax return form can be issued for completion. Failure […]
HMRC aiming to eliminate cheques
As part of HMRC’s ongoing cost-cutting, they have recently stated their aims to eliminate cheques. However, there is a portion of the population who still use cheques regularly so this may take some time. Paying HMRC In the past people would use the HMRC payslip received in the post to either pay at their local […]
taxhelp.uk.com celebrates 11 years in business
It was back in July 2006 that I founded taxhelp.uk.com. Rather than becoming a general accountancy practice, I started the business to specialise in helping small business – usually one person running their own business from home as a sole trader. Instead of the usual hourly fee, I chose to operate a fixed-fee scheme – […]
Good news about Making Tax Digital(MTD)
We have some excellent news – Making Tax Digital(MTD), the coming burden that many self-employed people were unaware of, has been postponed until at least 2020 (and hopefully permanently.) While improving systems and more up-to-date data for small businesses is recommended, there were many issues with MTD and the original timeline. As I reported back […]