Category Archives: Tax & HMRC News

Preparing your Tax Return for 2016

5 Tips To Fill In Your Self-Assessment Form Having your 2015 tax return ready and in on time can save you thousands of pounds in fines and penalties. As 2016 is drawing ever closer, don’t be one of those who have a last minute rush to have your tax return in before the deadline of…
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HMRC uses new powers

HMRC uses new powers on contractors and freelancers, telling people to 'pay now, argue later'. According to the Daily Telegraph, thousands of contractors and freelancers have become ensnared in a £5.5bn tax grab – aimed initially at wealthy tax dodgers – that allows HM Revenue & Customs to demand backdated taxes to be paid, in full,…
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