January 2014 Newsletter
Happy New Year. Today marks the first full day back after the holidays for many people. Tax fines 31st January is the final deadline for submission of a 2013 tax return, after that there is an automatic £100 fine –
Endorsement from Penny Power OBE
In 2010 I published my first book, Chocks Away, which was endorsed by Penny Power OBE.
Reducing 31st January 2014 payments on account
At the end of the month there could be two tax payments due: 1) The balancing payment for the year to 5th April 2013 plus 2) The first payment on account towards the 2013/14 tax year Payments on account are
Avoid the 31st January rush
Last year, over half a million tax returns were submitted on the actual date of the tax return deadline – 31st January. Leaving it so late can have several consequences: 1) The 31st January is also the tax payment deadline,
Christmas tax return submissions
HMRC has just released the statistics for people completing their own tax returns this year: Christmas Eve – 17,000 returns Christmas Day – 1,566 returns Boxing Day – 4,493 returns Unfortunately there can be considerable costs to a DIY approach:
Happy Holidays
Please do take time to relax over the holidays – here’s a 4K (Beyond 1080P full HD) video I shot recently testing out new equipment for future video blogs:
Make 2014 the year you sort out your tax
The holidays are upon us this week, but it’s not too late to think about getting your tax affairs up to date. Although the office is closed on Christmas Day, Boxing Day and New Year’s Day, we are open twixtmas
Video – claiming tax relief on professional subscriptions
In this video I revisit one of my blog posts from earlier in the year, covering the issue of claiming tax relief on professional subscriptions: You can read my original article here: Claiming tax relief on professional subscriptions
You can get up to date for the New Year
Time is running out for 2013… and with it, the chance to finalise your tax position before the holidays. Rather than struggle with your tax over the holidays, you could be relaxing instead – knowing that things are up to
Business over Breakfast 9th January 2014
For many people the first week back at work of 2014 will be a great opportunity to start on those business growth plans after time spent planning over the holidays. I would therefore like to invite you to join us
Submitting tax returns on Christmas & New Year’s days?
Last year there were over 1,500 people who submitted their tax return on Christmas Day! As well as those that submitted on New Year’s Day… Having spoken with several new clients recently, they remember the process of struggling to complete
Principal Private Residence (PPR) Relief Changes
There is some interesting draft legislation detailed today, relating to Capital Gains Tax(CGT) on properties. Where someone has lived in a property at some point as their main residence then regardless of actual conditions, the last 3 years of ownership
