Do I Need to Complete a Self Assessment Tax Return?

Do I Need to Complete a Tax Return?

Wondering if you need to complete a self-assessment tax return? Find out who needs to fill in a tax return, why & what HMRC needs to know.

How Can I Buy an Electric Car Through My Business?

pros and cons of an electric car

Understand how to buy an electric car through your business, as well as the pros and cons of doing so, whether you’re a sole trader or have a Limited Company.

How to Amend Your Tax Return

how to amend your tax return

Made a mistake on your HMRC tax return? Find out how to amend your tax return and how long you have to make your changes.

Do I Need to Declare Bank Interest On My Tax Return?

do i need to show bank interest on my tax return

Filling in your tax return and wondering whether you need to declare bank interest? Well, you’re not alone because forgetting to include bank interest is a common mistake people make when it comes to self-assessment. Find out in this guide how to show it and the tax-free allowances available so you can pay less tax on taxable interest income.

Has the Tax Deadline Been Extended in 2021?

tax return extension 2021

The tax return deadline, normally 31 January each year, has been extended to 28 February 2021 for this year only in response to the number of people struggling to file their tax return in these unprecedented times.

Traditional Accounting (Accruals Basis) Explained

traditional accounting

Understand traditional accounting (also known as the accruals basis) and how it affects the numbers you need when you fill in your tax return

Can I Claim Coaching as a Business Expense?

claiming coaching as a business expense

Find out what coaching expenses you can claim on your tax return, depending on the type of coaching you have booked.

HMRC Averaging Adjustment

hmrc averaging adjustment

Understand the averaging adjustment for authors, writers and artists with fluctuating income or who receive lump sums of money up-front, to help them spread their tax bill over one or two years.