by Paul Whyatt | Jul 16, 2019 | Personal Tax, Taxation
In isolation, an individual tax relief might not seem much, but when you take advantage of the full range of available reliefs by planning your affairs correctly they can add up to a significant amount. Take the Marriage Allowance as a small example. Introduced...
by Paul Whyatt | Dec 10, 2018 | Personal Tax, Taxation
I hear this comment more frequently this time of year, as the self-assessment tax return deadline fast approaches (31 January). It’s a comment which usually ends with “but it’s always a bit of a nightmare” or “but I hate it!”. It is often accompanied by a...
by Paul Whyatt | Dec 6, 2018 | Personal Tax, Taxation
Client Self Assessment Checklist Tax Year 2017/18 (Year Ended 5 April 2018) We recommend that you complete your self-assessment tax return as soon as possible after the end of the tax year (5 April), so you can plan for any tax bill. The final deadline for submission...
by Paul Whyatt | Nov 30, 2018 | Personal Tax, Taxation
If you operate your business through a limited company, you should be aware of the optimum salary/dividend mix to extract money from your company in the most tax-efficient way. This usually involves paying yourself a minimal salary and then dividends on top of this...
