Category: Blog

  • Could completing your own 2022 tax return actually cost you money?

    Could completing your own 2022 tax return actually cost you money?

    Sometimes people make the mistake of thinking they can try to save money by completing their own tax return, rather than engaging the help of a professional. Unfortunately, there are several areas to consider when looking at the costs of professional help and the benefits this provides. Your own time isn’t free If you are […]

  • HMRC Home working claim changes for 2023

    HMRC Home working claim changes for 2023

    As expected, HMRC has now changed the home working allowance claim regulations for the year to 5th April 2023. During the pandemic, there was a special allowance available where you could claim the fixed home working rate for a whole year even if you only worked from home for part of the year. The weekly […]

  • The 2022 Paper Tax Return

    The 2022 Paper Tax Return

    The 2021/22 tax year ended on 5th April 2022, tax returns for that year can now be submitted. It is highly recommended that returns are completed as early as possible in the year, that way nasty surprises are avoided. By leaving things later in the year, there is less time before the tax due for […]

  • National Insurance changes from July 2022

    National Insurance changes from July 2022

    In the recent Spring Statement, several changes to National Insurance were announced. These are not straightforward, and this is further compounded by only applying part way through the new tax year – from 6th July 2022 onwards. The reason why the changes are not introduced from 6th April 2022 is that with short notice, payroll […]

  • Making Tax Digital postponed until 2024

    Making Tax Digital postponed until 2024

    HMRC had been planning to start digital tax from 6th April 2023, however that has now been postponed until 6th April 2024. There have also been some further details of digital tax record-keeping. You do not have to input your income and expenses straightaway if you do not wish to. There were worries that people […]