Daily fines for a late 2017 tax return are approaching
Although we have now started on completing 2018 tax returns(covering the year to 5th April 2018), there may be some people who have yet to complete the 2017 tax return. This should have been submitted to HMRC by 31st January
Watch out for the buy to let mortgage interest changes
People will shortly be completing their 2018 tax returns, which cover the year to 5th April 2018. However, this is the first year where the mortgage interest restrictions introduced last April will apply. In the 2017/18 tax returns, only 75%
Winner at the 2018 Surrey Digital Awards
I’m pleased to announce that taxhelp.uk.com won the Silver award yesterday at the 2018 Surrey Digital Awards in the category ‘Use of Social Media for business’ sponsored by Barclays. My win follows on from being a finalist in the 2017
Planning for 2018 and your tax
With a little over one month to go now in the 2017/18 tax year, it is time to start planning for 2018: 1) Are you going to make any purchases in the business? If so, and you make them before
SA302 Tax Computations for Mortgages
In the past, it was common for a mortgage provider to ask for copies of HMRC tax computations (called SA302 forms) for several years to prove earnings. This created an unfortunate problem, as HMRC could only issue these by post
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
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
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
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
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
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
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
