Fixed rate expenses

Categories: Expenses

Legislation has just passed through Parliament which allows the use of ‘simplified’ fixed rate adjustments to the profit figure used to calculate income tax liabilities. The use of fixed rate…

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£900 in daily penalties

Categories: Money

If you are among the half a million people who still haven’t sent their 2010/11 tax returns to HM Revenue & Customs (HMRC), you will receive an additional penalty letter…

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Childs Play

Categories: Money, Tax

In all of the furore about the ‘granny tax’ and offshore companies owning property, the ‘reform’ of Child Benefit seems to have sneaked under the radar. The government initially raised…

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