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2021 Budget tax changes expected. What should you do?

There has been rampant speculation about potential tax changes to meet the rising costs of the Covid-19 pandemic.

How do you plan for the unknown?

Our advice is the same as it is every year:

“Know where you are and do the simple things well.”

Easy to say, but what does it mean?

Working from Home Tax Benefits

Learn about the three expenses that you can claim against your employment income and reduce your tax liability.  

Many have been asked to work from home due to the government's pandemic response guidelines.  It's likely that you will be eligible for tax relief against routine items and services that you've used to work from home effectively.  Click to learn more about eligibility, and contact us for assistance in making your claim.  

UK Tax Returns

Who needs to submit a tax return?

Most people pay their tax "at source", such as through Pay As You Earn (PAYE) if they are employed. Click to learn more about the other categories of people who need to submit a UK tax return. Contact us for further information and assistance with completing your tax return; you do not want to be hit with penalties if you are late to file.