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Allowable expenses you can claim if you’re self-employed

by Jessica Garbett | Jan 23, 2025 | ACCA, business taxation, personal taxatation

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Allowable expenses you can claim if you’re self-employed An article from Sage provides a comprehensive guide on allowable expenses for...

Self-assessment filing and reasonable excuses

by Jessica Garbett | Jan 22, 2025 | ACCA, business taxation, capital taxation, personal taxatation

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA An exploration of ‘reasonable excuses’ for appealing against late filing penalties There is no statutory definition of reasonable excuse,...

Top tips for filing self-assessment returns

by Jessica Garbett | Jan 21, 2025 | ACCA, business taxation, capital taxation, personal taxatation

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Ten common elections and claims deadlines for useful tax planning Some of these claims have strict time limits, which should be given due...

ACCA – All change for employees expenses claims

by Jessica Garbett | Nov 18, 2024 | business issues, personal finance, personal taxatation

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Claiming PAYE expenses? HMRC’s updated guidance on the evidence required  From 14 October 2024, HMRC has introduced new requirements for...

High Income Child Benefit Charge – Changes in Autumn Budget 2024

by Jessica Garbett | Nov 4, 2024 | budget, personal finance, personal taxatation

In the small print of the Autumn Budget 2024 were some changes to HIBC: “The government will not proceed with the reform to base the HICBC on household incomes. This is because it would have come at a significant fiscal cost of £1.4 billion by 2029-30 if setting...

Autumn 2024 Budget – A First Look

by Susan Albest | Oct 30, 2024 | budget, business taxation, capital taxation, personal taxatation, VAT

It is some time since a Budget was as hotly anticipated as today’s – the first under a Labour Government in 14 years, and against a backdrop of what is claimed to be a large “black hole” in the nations finances, of £22bn or £40bn depending on...
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