Accountants East Sheen

Budget 2017 – Key Points

Posted by on March 9, 2017 at 12:57 pm

Here is a summary of the 2017 budget and its effect on the areas of personal taxation, businesses and the economy in general. Personal Taxation The tax rate for class 4 national insurance contributions for the self-employed to increase from 9% to 10% in April 2018 and 11% in April 2019. This increase applying to earnings […]

Tax Saving Idea for Your SEIS Shares

Posted by on October 17, 2012 at 10:00 am

SEED Enterprise Investment Scheme also known as SEIS tax breaks are worth at least 50% of your investment, but the downside of this is that your money will be tied up for some time. The question being raised in this article is for how long it will be tied before you can get your hands […]

Budget 2012; Key Points at a Glance

Posted by on March 22, 2012 at 12:29 pm

Income tax Personal allowance to be raised up to £9,205 from April 2013; this is a move according to the government that will make 24 million people £220 a year better off. But 300,000 more people will be drawn into the higher rate – 40% – tax band from 2013/14 as the threshold is brought […]

Get Tax Deduction for Having a Website

Posted by on February 17, 2012 at 10:30 am

Having a website is almost a necessity for any business, but setting one up and maintaining it can be expensive. This article explains as to whether you can get can tax exemptions for developing and maintaining a website. Most businesses can claim a 100% tax deduction for some of the cost of setting up a […]

Tax Return Tips and Advice

Posted by on December 23, 2011 at 5:31 pm

Deadline for filing your tax return For individuals in the UK, the deadline for filing your paper tax return is 31 October each year.  For online filing of tax returns the deadline is 31 January each year. If you happen to file you paper tax return after 31 October or your online tax return after […]

Delay in the issue of some Self Assessment Tax Return Statements

Posted by on August 25, 2011 at 4:48 pm

According to the reports coming out from HMRC, HMRC has more Self Assessment statements than usual to issue this year. Bearing in mind that these self assessment tax return forms are issued in July, this year HMRC has taken steps to issue some in August as well. If you are yet to receive your tax […]

Buying Residential Property in the UK Advice for Foreign Nationals

Posted by on April 21, 2011 at 11:24 am

Freehold Property A freehold property is where the owner has complete and absolute ownership of the land, and all buildings that stand on the land. There is no limit of time to hold the property like in the case of leasehold property. A freehold property lies with the titleholder unless they transfer it of their […]

Self Assessment / Tax Return

Posted by on April 1, 2011 at 8:17 pm

Tax return or in other words self assessment is the buzz word during the month of Janaury as everybody is rushing to file their respective documents with HMRC to avoid any unnecessary penalties. For a first time user filing the tax return could be a complicated task. Getting it wrong leads to harsh consequences. The […]