Category Archives: Income Tax

How to claim tax relief on employment expenses

How to claim tax relief on employment expenses

9th June 2021 Posted by -

If you are an employee that needs to buy substantial equipment to use as part of your employment you may be able to claim tax relief. In most cases

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Taking money out of a limited company

Taking money out of a limited company

17th May 2021 Posted by -

There are a number of ways a director can extract money from their limited company. The money can usually be withdrawn in one or more of the

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5% late penalties apply from 1 April 2021

5% late penalties apply from 1 April 2021

7th April 2021 Posted by -

Self-Assessment taxpayers that failed to pay their outstanding tax liabilities or set up a payment plan by midnight on 1 April 2021 will be charged a

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Calculating Minimum Wage if paid annual salary

Calculating Minimum Wage if paid annual salary

31st March 2021 Posted by -

New National Minimum Wage and National Living Wage rates will come into effect on 1 April 2021. These changes will see the National Living Wage

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