Finding peace and quiet when working at home can be difficult, especially when the children are around. I have been giving some thought to building a dedicated garden office so that I can focus more on my work. Would I be able to offset the cost of building and kitting out an office such as this, against my profits?… Continue Reading
Paying your tax bill
As well as being in full-time employment, I run a small craft business in my spare time at weekends and in the evenings. I often struggle to pay my tax bill in January in one lump sum, and wondered if there are any alternative ways that my tax can be collected, as I am finding this particularly difficult after the expense of Christmas…. Continue Reading
Real-time information
Could you please tell me what HMRC have decided to do with regard to real-time information and late filing penalties?
The change applies to businesses employing less than 50 members of staff. Basically, HMRC have decided to delay the implementation of penalties for late filing of real-time PAYE returns until 6th March next year for businesses of this size…. Continue Reading
Claiming tax relief for business expenses
Q. Am I able to claim tax relief for mileage expenses incurred when visiting clients, and for a professional subscription relevant to my career?
A. Tax relief is claimable if the items are for business purposes only, and not for personal reasons. These might include the following:… Continue Reading
Tax on Christmas Presents for Employees
How can I make sure that my staff do not pay tax or National Insurance contributions on their Christmas presents from myself? I also want to avoid having to deal with any additional paperwork…. Continue Reading