Category Archive Tax

How the personal allowance works

December 19, 2022 Comments Off on How the personal allowance works By Joshua Leigh & Co

Understanding your income tax and personal allowance is important when looking at your finances and how you are taxed.

Read More

Furnished Holiday Let Tax: What do you need to know?

December 7, 2022 Comments Off on Furnished Holiday Let Tax: What do you need to know? By Joshua Leigh & Co

A furnished holiday let (FHL) is a particular type of rental property classification in the UK.

Read More

The Christmas gift allowance: how it works

December 1, 2022 Comments Off on The Christmas gift allowance: how it works By Joshua Leigh & Co

Are you planning on treating your staff or clients this Christmas? Christmas gifts can be subject to tax, so it is important to understand these tax rules this festive season.

Read More

Landlords targeted over undeclared income from residential property

November 22, 2022 Comments Off on Landlords targeted over undeclared income from residential property By Joshua Leigh & Co

Landlords are being targeted by HM Revenue & Customs (HMRC) over what appears to be undeclared rental income or income related to residential property.

Read More

Capital Gains Tax: What do you need to know?

November 8, 2022 Comments Off on Capital Gains Tax: What do you need to know? By Joshua Leigh & Co

Capital Gains Tax (CGT) is a tax applied on the profit you receive when disposing of an asset.

Read More

Supporting staff through the cost-of-living crisis

November 1, 2022 Comments Off on Supporting staff through the cost-of-living crisis By Joshua Leigh & Co

Many UK employers are topping up pay packets of valued employees with a cost-of-living payment when they are unable to offer a pay rise.

Read More

Have you filed your online Self-Assessment form?

October 28, 2022 Comments Off on Have you filed your online Self-Assessment form? By Joshua Leigh & Co

The clock is ticking for taxpayers, as the countdown to submit online Self-Assessment tax returns has begun.

Read More

Tax-free shopping for overseas visitors scrapped

October 18, 2022 Comments Off on Tax-free shopping for overseas visitors scrapped By Joshua Leigh & Co

Recent plans to reintroduce tax-free shopping for international visitors in the UK have been scrapped.

Read More

Self Assessment customers could be a target for fraudsters as deadline approaches

October 12, 2022 Comments Off on Self Assessment customers could be a target for fraudsters as deadline approaches By Joshua Leigh & Co

With the deadline for returning paper Self Assessment tax returns for the 2021 to 2022 tax year rapidly approaching, HM Revenue & Customs (HMRC) has warned taxpayers to be on the lookout for fraudsters.

Read More

Flat Rate Scheme: What do you need to know?

October 11, 2022 Comments Off on Flat Rate Scheme: What do you need to know? By Joshua Leigh & Co

When running a business, ensuring you get VAT right is vital. So, how can you make things easier?

Read More