Are you running out of time to claim a tax refund?
Date posted: 8th Mar 2021
In normal circumstances, individuals have up to four years to correct errors that result in an overpayment of tax. So 5 April 2021 is the deadline to claim…
Date posted: 8th Mar 2021
In normal circumstances, individuals have up to four years to correct errors that result in an overpayment of tax. So 5 April 2021 is the deadline to claim…
Date posted: 8th Mar 2021
We are helping many new client’s declare previously undeclared income to HMRC. Such income could range from overseas income to UK rental income. We always advise new client’s…
Date posted: 8th Mar 2021
The government have announced that there will be a soft landing in respect of the changes in the IR35 rules from April 2021 – https://www.cliveowen.com/2021/02/ir35-back-on-the-agenda/ This essentially means that…
Date posted: 8th Mar 2021
Many businesses with trading premises are temporarily closed under the current COVID-19 lockdown. However, due to the lockdown, there are many new home-based enterprises that have started to…
Date posted: 8th Mar 2021
If you survey most people, they would expect that they would not pay any tax on the sale of their main home, if the property has been their…
Date posted: 8th Dec 2020
With more of us working from home there is good news from HMRC that employees can now make a claim for tax relief to cover some of their…
Date posted: 7th Dec 2020
HMRC have announced that any taxes due in January 2021, can be spread over a number of months, if the taxpayer elects to do so. Any liabilities of…
Date posted: 7th Dec 2020
If you are a higher rate taxpayer and pay into a personal pension or to charities under the gift aid scheme, then you may be able to claim…
Date posted: 7th Dec 2020
As we have mentioned several times, where an individual sells a residential property and the sale is subject to a capital gains tax charge (e.g. sale of buy…
Date posted: 7th Dec 2020
As fans of Game of Thrones will attest, the phrase “winter is coming” was used throughout the show. In a similar vein, following the postponement of the autumn…
