HMRC has recently launched a new campaign aimed at offshore companies that own property in the UK. Using Land Registry data, HMRC has identified property owners who may not have met their UK tax obligations. As a result, they may send a “nudge letter” to...
Now that the dust has settled, we’ve been able to take a look in detail at some particular issues, and our first one is the pensions changes. There are two main changes that will impact on our client we believe. Firstly the total amount that can be saved in a pension...
We’re coming to the end of the tax year now and some taxpayers may wonder if they should submit a return. The onus is on the taxpayer to submit one if it is needed and just because HMRC have not asked for one or even told you that you don’t need to submit any more it...
Worried about Crypto – don’t worry we’ve got you covered. So you’ve had a little dabble with cryptocurrency and now you don’t know what to tell HMRC, you’ve heard that they are taking an interest and worried that they are coming for you. Don’t sweat it, we’ve got you!...
Accountants are only slightly concerned. It occurred to me the other day about how calm accountants are as a profession, and it makes us a great shoulder to lean on. Many people say that after they have called me about a problem, or we’ve sat down and discussed it how...
If you are planning to claim the UK state pension, it is important to check your national insurance (NI) record before 5 April 2023. This is because voluntary contributions can be made to plug gaps in your NI record back to April 2006, but this option will be...
