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I thought I had the perfect title when I started writing but on second thoughts I think it would have been better to use "You can't have your cake and eat it" - less chance of confusion! :-)...
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If you're self employed HMRC will allow you to claim for the cost of business journeys in two ways: 1) A percentage of all your car expenses based on the proportion of business miles you do. You may also be able to claim for the cost of your car as well. 2) An approved milea...
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In very simple terms, during the current tax year, which will end on 5 April 2019, everyone can have an income of up to £11,500 without paying any tax (but see the notes below). Don’t forget that income is the total of what you have been paid by clients less your business...
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The easiest way to pay your self assessment tax bill is by transferring the money online from your bank using Faster Payments. If you have a bill it will tell you which account to use. If you don’t have a bill, or you’re not sure, use HMRC Cumbernauld. Most banks have an...
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I feel like Father Christmas.

December 21, 2017
I feel like Father Christmas because a client has just said "We can't stop smiling how much of a difference you have helped me with my taxes. Best Christmas present I could ask for. Thank you so much. :-)" 0 replies 0 retweets 1 like...
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When I started to write this post I may have been a little premature with the heading. At that time the BBC website was looking at an increased tax rate of 21% for those earning more than £24,000 a year. In actual fact it isn't quite as simple as that. The Scottish governme...
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For most us my answer is "not a lot". "A Budget for the United Kingdom (hopefully) rather than for the individual" would be my summary of today's Budget. Admittedly, if you're a first time buyer you'll benefit from the abolition of Stamp Duty Land Tax on properties costing l...
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Yesterday (October 31) was the deadline for submitting your paper tax return for the year ended 5 April 2017. Don't panic if you've missed the deadline, you have until 31 January 2018 to submit the return online - by the way you only have 92 days left to complete it at toda...
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Don't think HMRC are stupid. They have long memories and are being given more and more resources to track down individuals and companies who aren't complying with the law. If you've moved home or you have a new business address make sure you tell HMRC of your new address. Yo...
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Don't bury your head in the sand. HMRC won't forget you or the money you owe them. Having said that, do make sure that the money they're asking you to pay is correct. HMRC aren't perfect! If the debt includes penalties, can you appeal against them? If you do owe the money yo...
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