Happy New Year to everyone!  We hope that 2016 is a happy, healthy and prosperous New Year for you all. We are on count down until 31 January 2016 which is the last date for filing your self assessment tax return.  Failure to do so may well result in a £100 fine.  And remember that…

MERRY CHRISTMAS EVERYONE! We have been listening to Christmas music in the shops for weeks now, but as it is now December, I feel I must acknowledge that Christmas really is on its way! May we wish everyone a really wonderful Christmas and every blessing for 2016. We hope that next year is a great…

The countdown continues ….. Not the countdown to Christmas but the countdown to 31 January 2016! This is the last date for filing your self assessment tax return. If you are relying on your agent to file your return on your behalf, please let them have all the information NOW to give them a chance…

Doesn’t time fly when you are having fun! … We are now half way through the tax year and, what is more worrying, one of my children showed me a post on facebook yesterday advising it was only ten more fridays until Christmas! For most people, Christmas is a wonderful time of the year, and…

Doesn’t time fly when you are having fun!! … We are now six months into the new tax year. Some questions for you .. If you are a self employed person or required to file an SA tax return, have you handed over the paperwork to your accountant yet?  If not, please do.  The later…

We have been receiving lots of google alerts and various email mailings with a common theme – HMRC is looking into the “hidden economy” or underground economy – primarily that of companies or individuals trading online and not declaring any income.  If you do trade online or use Ebay regularly to buy and sell, and…

Already passed the longest day and the nights are getting darker!! .. And for those of you receiving tax credits, you have until 31 July 2015 to complete your annual review otherwise your payments may stop.  If you are self-employed, you may need the help of an accountant to assist you with calculating your net…

Should we wait with bated breath? … George Osborne has announced that he will present his second Budget of 2015 to Parliament on 8th July.  We know that the Chancellor’s Budget will include an increase in the Personal allowance £10,000 to £10,600 some updates to tax and national insurance rates 2015/16, including an increase in…

It is with great sadness that I have to advise that Jim Little died on Tuesday 26 May.  Jim had been suffering from cancer for a long time and had recently been undergoing clinical trials to try and reduce the cancer.  Unfortunately Jim caught some kind of infection or virus whilst in hospital and was not strong…

Forgive the slight delay in this month’s blog.  I thought it would be good to see which party (or parties) formed a government after the elections. It was an unexpected result if you follow the polls, and we now have a majority conservative government. So …. just for fun (!) …. here are some of…