Tax advice news

With time running out for the 2022/23 tax year, here are five ways to keep HMRC at bay

Did you know that we lose most of our savings through our heads? That’s right – because we don’t think about how much unnecessary tax we’re paying. Here are some ways to make sure your money is wrapped up tight, to keep out those (over) draughts. Article by Nick Green.

The kids have gone back to school, but one thing they won’t learn about there is income tax. An alarming number of people in the UK still don’t understand all the ways in which they’re taxed. IFA Ajay Naik of Bankfield makes it his mission to help clients save money in this oft-neglected area. If

More Tax Action tips from TaxCalc! This time it’s reviewing your payments on account… If you are currently making payments on account under the self-assessment scheme the default position is that they are based on the previous year’s tax bill. If your taxable income is increasing year on year then there is no need to review them

The FT recently carried an interesting article by Gideon Rachman on the growing global trend towards higher taxes on the wealthy. The position in France was featured where the increase of the top rate of tax to 75% has been presented by some in power as an ‘opportunity’ for the rich in France to show

Lots of us – particularly in the current economic climate – have got our heads round having our loyalty cards with us when we’re out shopping, or searching online voucher sites for discounts before we head out for a meal.  Checking prices online when making higher value purchases is second nature too and we’re all