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Tax News

*Please note the information in this article may be out of date

How will NIC increases to pay for health and social care affect you?


GoSimple Tax article on the social care tax rise passed in yesterdays Commons vote. How will it effect sole traders, employees and landlord's?

Carry forward past years pension allowances


Previous years unused pension allowances can be carried forward so you can exceed the £40,000 tax free limit this year.

Understanding the SEISS Extension


If you’re self-employed, the latest U-turn in government policy could well benefit you. Instead of ending on the 1st October 2020, the Self-Employment Income Support Scheme (SEISS) is extending to April 2021.

Home Working Allowance


If you are working from home you may be entitled to claim the working from home allowance? At £312 a year tax free, it is worth finding out if you qualify.

Self Employed- The end of the traditional Self Assessment return is nigh


HMRC extend Making Tax Digital rules to all VAT registered and Self Assessment returns starting 2023.

COVID 19 Business Support for Individual Landlords


Information on supports for landlords during the COVID-19 crisis.

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