Tel: 07712 856364
Email: jon@proactive-accounting.com
A brief update on the government’s IR35 policy as it drives ever onwards. From April 2017 the government will be enacting a new policy placing the liability for all unpaid PAYE and NIC balances (in cases where they rule someone acting as a limited company subcontractor was actually an employee.) onto the public sector…
LOSS OF TAX RELIEF FOR LANDLORDS Tax has been one of the major worries for landlords over the past year. Many changes have been introduced but what do these changes mean? How will affect you? It is fair to say that it has not been a good time for a lot of landlords…
Another quarter, another budget. This year, along with another expected round of cuts, Osbourne has announced a few things which may be of interest to our clients. First off was a significant cut in Rates, although unfortunately our initial reaction is that this probably won’t extend to Northern Ireland as Rates are set…
I’d like to draw the attention of our clients with buy to let properties to the new rules the government are proposing for claiming for fixtures and fittings in properties from April 2016 and the changes to Mortgage Interest Relief. Whereas up until now, landlords have been able to claim mortgage relief as a normal…
The question of avoiding what every taxpayer fears – a long and time consuming enquiry from HMRC – is one that should be at the forefront of any good accountant’s mind. Inherent to this is that we must understand how HMRC target enquiries. Many of the methods HMRC use in their detection of tax returns…