Should I Consider a Furnished Holiday Let?
The summer season is upon us – which, for many, means it’s time to take a well-earned holiday! Unsurprisingly, the holiday homes market is a profitable one, and more and…
Different Forms of Employment – and How They’re Taxed
February is here – which, for many, means breathing a big sigh of relief. The self-assessment tax return deadline of January 31st has now passed! However, some of us may be…
Another allegation of Tax Evasion
Jose Mourinho is the latest celeb to stand accused of financial impropriety. Mourinho has been issued with a tax bill of close to £2 million for unpaid taxes on image…
Filing Your Tax Return: Ten Tips (Part One)
For many people, a new year entails making resolutions, starting new diets, and purchasing gym memberships. For others, however, it means only one thing: the 31st January deadline is looming, and…
Filing a Return: Ten Tips (Part Two)
Contrary to popular opinion, it’s not only self-employed people who have to submit a tax return. If you were a company director in the relevant tax year, let out a…
What Is an SA302 – and Why Would I Need One?
An SA302 is a summary of the income that has been reported to HMRC. This is often necessary to verify self-employed income for a mortgage application, but can also be…
Bookkeeping and Accounting – What’s the Difference?
In the financial world, the terms ‘accountant’, ‘bookkeeper’, and ‘tax adviser’ are often used interchangeably. However, though these are all names for tax professionals, their roles and responsibilities are quite…
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