HMRC issue fines for tax returns which are submitted late.
Although the deadline for submitting tax returns for 2014-15 is 31 January 2016 (or 31 October 2015 if you are submitting a paper return) many people still miss the deadline and incur a penalty fine from HMRC. Margaret Turner from Turner & Co accountants advises how you can avoid a penalty fine.
New legislation being phased in means that some landlords will need to check that someone has the right to live in the UK before letting a property to them, or even allowing them to live in the property.
Do you have a treasured piece of upholstered furniture that has seen better days? A well-loved but increasingly-tatty armchair, or a chaise-longue that your Grandma passed on to you perhaps?
In the current economic climate, raising finance can prove a major challenge for your business, especially if you have no existing loans and therefore no contacts or experience in this area.
Many contractors have set up their own companies to bill their clients for work and have benefited from reductions in tax and national insurance contributions. If you’re a contractor would this approach work for you?
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