Posted in Income Tax
The 2018-19 tax year ended on 5 April 2019 and the new 2019-20 tax year started on 6 April 2019. Many taxpayers will be tempted to delay dealing with their 2018-19 tax returns until late this year or January 2020.
The 31 January 2020 is not just
Posted in Income Tax
There are a number of reasons why you may need to register with HMRC to submit a tax return. This includes if you:
are self-employed and earning more than £1,000,
are a company director,
have an annual income over £100,000 and / or if you have
Posted in Income Tax
HMRC has published a press release to remind qualifying couples to claim the Marriage Allowance. The Marriage Allowance allows lower earning couples to share part of their personal tax-free allowance.
The Marriage Allowance is available to married
Posted in Income Tax
Many people supplement their income by selling services online. This is often described as the ‘sharing economy’ or the ‘peer-to-peer economy’ and usually involves renting out something using specialist websites or apps. This could include renting
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