Category Archive Tax

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.

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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.

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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.

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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.

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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.

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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.

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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.

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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?

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Will you be paying less Income Tax from April?

September 29, 2022 Comments Off on Will you be paying less Income Tax from April? By Joshua Leigh & Co

During last week’s mini-Budget, The Chancellor, Kwasi Kwarteng made extensive changes to taxation.

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Corporation Tax rise axed as Chancellor aims for growth

September 27, 2022 Comments Off on Corporation Tax rise axed as Chancellor aims for growth By Joshua Leigh & Co

Chancellor Kwasi Kwarteng’s mini-Budget has scrapped a planned rise in Corporation Tax as part of a wide-ranging raft of tax-cutting measures announced last week.

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