Tax Advice and Allowable Expenses for Opticians

tax advice for opticians

Optician? It’s time to take a look at your tax responsibilities, business record keeping skills and understand some of the tax reliefs that you could be entitled to. Whether you are self employed or operating a limited company, you will be liable for tax. If you are a self employed you will need to complete … Read more

Do I Have to Pay Tax On eBay, Amazon and Gumtree Sales?

Do I Have to Pay Tax On eBay, Etsy, Amazon and Gumtree Sales?

One question we are often asked is whether tax needs to be paid from selling online from sites such as eBay, Etsy, Amazon or Gumtree.

If you are selling something you simply don’t want but you own already, you probably don’t need to pay any tax or let HMRC know. However, if you are a regular seller making a profit or are paid for a service you provide online, then you may need to let HMRC know what you are doing and pay tax.

10 Common Excuses for Filing a Late Tax Return Revealed by HMRC

With the online self assessment tax return deadline looming, HMRC has revealed a list of common excuses given for not filing a tax return on time. The deadline for Paper Self Assessment returns is the end of October, while Online Self Assessment tax returns must be submitted by January 31st. This years deadline is only a … Read more

Tax Advice for Self Employed Photographers

Tax Advice for Self Employed Photographers

If self employment is new to you, it can be difficult to know where to start and what it all means.   Here I show you how to get started as a Self Employed Photographer, unravel some of the confusion around taxes and get you prepped for doing your first tax return. What is Self … Read more

How to Give Your Employees a Tax Free Christmas Gift

Tax Free Christmas Gifts for Employees

If you know the HMRC rules and stick to them there is no reason you can’t give your Employees a Tax Free Christmas Gift. After all it is the ideal time to thank you employees for all their hard work in the year. So before you start ordering here’s what you need to know about … Read more