News & Blog

Do you need to notify HMRC?

I had to refer to HMRC’s ‘Penalties for failure to notify’ recently. It contains some useful information on what constitutes a failure, the penalties imposed and how these are calculated. One obvious problem with notifying HMRC is the ‘ignorance is…

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ARE YOU MAKING THE MOST OF YOUR PERSONAL TAX AND SAVINGS ALLOWANCES??

5 April 2018 is fast approaching; this is the last day you can claim your tax-free allowances in the 2017/18 tax year. Here is a summary of the main ones: Personal Allowance – £11,500 – the amount you can earn…

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