Protecting Yourself From Identity Theft
In the last issue we spoke in detail about the threat of scammers and how to combat them. In this issue we look at the related threat of identity theft and how to protect yourself from it. […]
Your Questions Answered by TaxAssist Accountants
Choosing to be a Limited Company or Sole Trader as a Contractor
As a CIS contractor on top of the normal issues surrounding whether to be a limited company or a sole trader, are there any CIS specific issues to be aware of? […]
Your Questions Answered by TaxAssist Accountants
Tax Relief Changes For Hybrid Cars
I am thinking about getting a hybrid car for my Limited Company business, but I have heard that there are changes coming in soon that could impact this. Could you advise? […]
Scams
Coventry Trading Standards recently stated, “Unscrupulous criminals are exploiting fears about COVID-19 to prey on members of the public, particularly older and vulnerable people who are isolated from family and friends. Trading Standards is warning people to remain vigilant following a rise in coronavirus-related scams that seek to benefit from the public’s concern and uncertainty over COVID-19”. […]
Your Questions Answered by TaxAssist Accountants
Are professional fees and subscriptions allowable for tax?
I am employed as a teacher and pay several professional fees and subscribe to a few journals such as Educate magazine. Am I entitled to tax relief on these payments? […]
Understanding Universal Credit: A Post-Lockdown Guide For New Claimants
The number of people claiming Universal Credit (UC) has more than doubled since the beginning of the pandemic; and will increase. Here are some tips on how to manage a new claim post-lockdown. […]
Post-Pandemic Outlook – A Guide to the Spring Budget by Alison Pinks, Burrowdale Accountancy
On 3rd March 2021, Chancellor Rishi Sunak unveiled details of the government’s plans to support businesses and jobs and aid the recovery of the UK economy in his Spring budget. Several coronavirus support schemes were extended, and he outlined his view of how our post-pandemic world will look in terms of taxes. […]
Your Questions Answered by TaxAssist Accountants
New Employers and Auto Enrolment
I started a new business back in July and I’ve just taken on a new member of staff because things are going really well. Do I have to pay into a pension scheme for them? […]
Having Money Troubles? Independent (And Free) Debt Advice Can Help
This time every year talk amongst independent advice agencies centres on the rise in enquiries about debt. This year, in light of the pandemic and Brexit, many more are feeling the pinch this time around. […]
Your Questions Answered by TaxAssist Accountants
Tax Allowances for Professional Fees and Subscriptions
Question
Are professional fees and subscriptions allowable for tax? […]
