personal taxatation Archives - Page 28 of 52 - Whitefield Tax - Isle of Wight Accountants

The latest guidance on making tax digital for business

by Jessica Garbett | Oct 9, 2017 | ACCA, business taxation, HMRC, personal taxatation

A reminder: Making Tax Digital comes in from April 2019, initially only in respect of VAT, but its likely to be extended wider in the future to include quarterly returns for business profits – quarterly accounts under any other name, some when from 2020. HMRC...

Changes to PAYE tax coding

by Jessica Garbett | Sep 13, 2017 | ACCA, employer returns, personal taxatation

Why it pays to get it right first time! Real-time tax for those employed has seen HMRC pushing a number of changes through. These include payrolling of benefits in 2016 and now coding changes. Employers can now register themselves before the start of tax year to tax...

Is the end of the £30,000 tax free termination payment in sight?

by Jessica Garbett | Sep 8, 2017 | ACCA, business taxation, employer returns, personal taxatation

Changes in the pipeline as HMRC seeks to ensure rules are ‘fairer’. Many employees have traditionally benefited from the ‘legendary’ £30,000 termination payment as it has always been assumed that it would always be tax free. The legislation governing this has...

Quick update: IR35 – how to calculate the deemed employment payment

by Jessica Garbett | Sep 6, 2017 | ACCA, business issues, business taxation, employment status, personal taxatation

Since April 2000 anti-avoidance legislation – known as ‘IR35’ – applies to individuals who would be employees of their clients if they didn’t use a service company. HMRC has designed a tool which provides its view on whether: the intermediaries legislation (known as...

CGT loss relief when a taxpayer dies

by Jessica Garbett | Aug 29, 2017 | ACCA, business taxation, capital taxation, personal taxatation

What to consider when it comes to CGT losses, including worked example. Losses are always an area that requires consideration. The basic rules regarding capital gains tax are: no liability to capital gains tax arises on death. The personal representatives are...

Self assessment – individual exclusions

by Jessica Garbett | Aug 24, 2017 | ACCA, HMRC, personal taxatation

HMRC has issued an update on personal savings and dividend taxation calculation errors and advised on self assessment online filing reasonable excuse. What happened? The changes arising from Personal Savings and Dividend Taxation Reform, effective April 2016, mean...

« Older Entries

Next Entries »

The latest guidance on making tax digital for business

Changes to PAYE tax coding

Is the end of the £30,000 tax free termination payment in sight?

Quick update: IR35 – how to calculate the deemed employment payment

CGT loss relief when a taxpayer dies

Self assessment – individual exclusions

Register for our Newsletter

Whats Current?

Latest News

Search News by Date or Category

From our daughter business YogaTax