How to avoid becoming involved in tax fraud

The tax authorities require businesses to take reasonable care to prevent tax losses. In some cases, HMRC may also regard an “innocent” business as facilitating fraud and could take action against that business in certain circumstances.

CAPITAL GAINS TAX – PAYMENTS ON ACCOUNT

Capital Gains Tax Payments on Account are coming from April next year. At the moment, Self Assessment taxpayers have to pay Income Tax payments on account in January and July each year and then maybe a balancing amount in January after the end of the tax year, whereas the payment date for any Capital Gains Tax is 31 January.

Don’t get caught out. Scam emails & texts from ‘HMRC’

I recently received an email seemingly from HMRC, telling me that I am due a tax refund and giving me a link to click on to claim it. And I’ll admit it carries HMRC logo’s, uses HMRC’s green colour scheme and the amount it said I was due wasn’t unreasonable…read more

Making the most of all of your tax allowances (PODCAST)

Ensuring you are making the most of all of your tax allowances within a fiendishly complex overall tax system is always a challenge. Hence why in our latest podcast, we are talking with Robin Stevenson (Head of Private Clients at Swindells Accounting) about how to make sure you’re maximising all of your available tax allowances in the run up to the end of the 2018/2019 Tax Year.

Robin Stevenson on Making Tax Digital

I attended a function a few weeks ago and was asked what I do for a living. Usually I have a couple of answers ready depending on who is asking, and not wanting to make them wish they didn’t ask I gave my most nondescript answer… I am a tax accountant.

Autumn budget 2017 Westminster east sussex accountants and tax services

My initial thoughts on the October 2018 budget

Predictions were for a quiet budget from a tax point of view with the new hot topic “plastic tax” maybe taking the spotlight, but others were predicting changes on the tax relief attached to pension contributions whilst it was said elsewhere that Philip Hammond would use this budget to mark the end of austerity.