01908 774323 Helen@Essendontax.co.uk
18th May 22
As the distribution of a company's profits, dividends have historically been taxed as unearned income ...
11th May 22
HMRC is seeking views on methods businesses with an accounting year-end differs from the tax year-end could use ...
4th May 22
The submission deadline for your company's Employment Related Securities return is fast approaching ...
27th April 22
Are you going through a divorce? Be conscious of the Capital Gains Tax consequences of your split ...
20th April 22
A Low Incomes Tax Reform Group in the UK, has urged the Government to raise the HICBC threshold ...
13th April 22
Share for share exchanges take place when a company issues shares in exchange for different shares ...
6th April 22
Every business owner knows they can decide for themselves how they're going to withdraw money from their company ...
30th March 22
As of the 7th of May 2022, claims for Income Tax relief on employment expenses must be made on a P87 ...
23rd March 22
A Family Investment Company can apply to many different types of company structures used for different purposes ...
16th March 22
As we approach the end of the current tax year, it's worth giving some consideration to end of year tax planning ...
9th March 22
For shares acquired from the 17th of March 2016, Investors' Relief ensures investors pay 10% Capital Gains Tax ...
2nd March 22
In the last financial year, HMRC has collected over £17 million in unpaid tax from buy-to-let landlords ...
23rd February 22
The Normal Expenditure Out Of Income Exemption offers a valuable saving on Inheritance Tax ...
16th February 22
Are you due to submit your Annual Tax on Enveloped Dwellings (ATED) soon? You may need to even with no tax due ...
9th February 22
When you think about your financial future, it is important to put tax planning at its very heart ...
2nd February 22
HMRC is requesting contributions on its plan to move the Income Tax Self-Assessment registration deadline ...
26th January 22
Many landlords avoid business rates and council tax on Furnished Holiday Lets because of a loophole ...
19th January 22
Many of us are looking for additional sources of income so the Rent-A-Room Scheme could be a great idea ...
12th January 22
Some landlords are finding themselves with growing tax bills and are being forced to sell properties ...
5th January 22
Buy-to-let landlords are looking to convert their traditional buy-to-let properties into serviced accommodation ...
29th December 21
Accountants are the mainstay of the business world, but not everyone has a tax advisor. I think they're missing out ...
22nd December 21
With most of us finishing for the holidays this week, I thought I'd join the festivities and let you have some tax trivia ...
15th December 21
For anyone who dies on or after the 1st of January 2022, Inheritance Tax reporting requirements are simplified ...
8th December 21
HMRC published a consultation in November proposing changes to areas of the Stamp Duty Land Tax regime ...
1st December 21
A question I get asked is why people should use a property tax advisor rather than their own accountant ...
24th November 21
Christmas is fast approaching, and many business owners think about treating their staff and customers at this time of year ...
17th November 21
If you've recently received communication from HMRC regarding cryptocurrency, don't ignore it ...
10th November 21
As the economy continues to grow, we can expect to see a sea change in how HMRC approaches tax debt ...
3rd November 21
The Government has extended the deadline for submission of a Capital Gains Tax return from 30 to 60 days ...
27th October 21
Out of all the tax reliefs and exemptions, probably the most generous of them all is this Inheritance Tax exemption ...
20th October 21
HMRC has many different sources of information that it can use to compile information about every UK taxpayer ...
13th October 21
For many years, dividends have been taxed at a lower rate. This means taking a small salary and then dividends on top ...
4th October 21
New rules mean that Non-Taxable Trusts can register via HMRC's Trust Registration Service, and the deadline has been set ...
29th September 21
There are many expat landlords who moved from the UK and have let out their UK property without declaring income ...
22nd September 21
If you're looking to extract profits from your limited company, salary and dividends are the usual way to go ...
15th September 21
The controversial Health and Social Care Levy was passed by MPs last week. Many politicians are calling it the Care Tax ...
8th September 21
Many people are not aware of the Residence Nil-Rate Band for Inheritance Tax. This is a very valuable relief ...
1st September 21
One of the commonest questions I get asked about rental properties is how HMRC will discover a landlord's income ...
25th August 21
Changes to taxes over the years mean the tax treatment of residential property and commercial property is different ...
11th August 21
Many homeowners pay Capital Gains Tax on the sale of their property, but you can claim Private Residence Relief ...
4th August 21
HMRC is changing the way it calculates tax penalties to make things fairer and more consistent ...
28th July 21
If your business is unincorporated, you may see a bumper tax bill in 2022/23 as your accounts are adjusted ...
21st July 21
I don't think anyone looks forward to a conversation with HMRC as their enquiries are both inconvenient and stressful ...
14th July 21
Did you know that paying yourself illegal dividends means you could become personally liable for company liabilities?
7th July 21
According to HMRC, a number of Self-Assessment tax returns for the 2020/21 tax year contain inconsistencies ...
30th June 21
An IT contractor providing services to a building society was ordered to stump up £74,523 in Income Tax and NI ...
23rd June 21
If you're estate planning right now, you could be considering a Family Investment Company over a Family Trust ...
16th June 21
Employers meet the tax on benefits and expenses for an employee using a PAYE Settlement Agreement ...
9th June 21
Accountants are noticing an increasing number of enquiries from HMRC about the amounts spent on entertaining staff ...
2nd June 21
CGT has a tax-free uplift to a property's valuation on the sale of a property post-death. The value for CGT is reset ...