Buy To Let property expenses

Some accounting tips

SEISS extended again

SEISS extended again

The Self Employment Income Support Scheme (SEISS) provided help the self-employed whose businesses were adversely affected by Coronavirus. The second payment under the scheme, which

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More time to pay back deferred VAT & Tax

More time to pay back deferred VAT & Tax

In today’s blog we cover the new instalment option for deferred VAT that was announced in the Chancellor’s Winter Economy Plan. However, whether the instalment option is chosen or not, the deferred VAT will need to be paid in addition to the usual VAT payments, and it is prudent to budget for this.

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Rent-a-room relief

Rent-a-room relief

Did you know you can earn up to £7,500 #TaxFree by renting out a spare room? You don’t have to declare it to #HRMC – find out more here. #RentARoomRelief

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Latest measures to support jobs

Latest measures to support jobs

The high cost of the Job Support Scheme might end up costing rather than saving jobs with employers having to pay up front and for one-third of hours that aren’t worked. What do you think of the scheme?

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Doing up properties – Are you trading?

Doing up properties – Are you trading?

If you’re thinking of buying a property to renovate and earn a profit, it’s really important to consider whether HMRC will treat you as a property developer or a property investor. We explain the difference for tax purposes and how HMRC will decide which you are.

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