2023/24 Tax Rates & Allowances

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2022/23 Tax Rates & Allowances

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Free Webinar Making Tax Digital for Income Tax- Why You Should Prepare Now

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Thurs June 16th, GoSimpleTax and ListenToTaxman bring you a free webinar on Making Tax Digital for Income Tax. Sign up here...

End of Tax Year planning - Use your Allowances to reduce your tax bill.

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Last minute Tax Planning. Our guide to what annual allowances you have and how to use them to reduce your tax bill.

What April 2022 tax changes should UK landlords know about?

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 What key tax changes are being introduced for the 2022/23 tax year and how could they affect you and other landlords?

Forgot about Self-Assessment deadline? Have a look at the fines

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Here we show just how much a late return and /or a late payment on your self-assessment could cost you.

Self Assessment Guide by Listentotaxman

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Our guide to making your online self-assessment return with tips on reducing your tax bill and avoiding fines.

Self Assessment Expenses you can claim back as an employee

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Wondering what everyday work expenses you can claim back on your self-assessment form? Here are some expenses that a PAYE paying employee can claim. Note these can also be backdated.

Working from home- allowances for the self-employed (updated for 21/22)

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Self-employed guide to claiming allowances for working at home

Self-Employed Expenses made Simple

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This guide explains what expenses can be used to reduce your tax bill. There may be a few you had not thought of!

Making Money Online: When A Hobby Becomes Taxable Income

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Wondering about the tax implications of a hobby? When do you need to let HMRC know?

Guide: Payment on Account Updated 2021

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An updated Guide to Payment on Account for the Self-employed for 2021/22

How to claim mileage allowance when you are self-employed

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Mileage for self-employed explained.

Tax implications of the SEISS- Getting To Grips With Grants and your Self Assessment

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How will the Self-Employed Income Support Scheme impact your next Self Assessment return?

The First 5 Steps To Self-Employment

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We take you through the initial steps to going solo.

Guide to Personal Savings Allowance

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How much interest on savings can you earn each year, before you have to pay tax?

Capital Gains Tax What’s Changing and What You Need to Know

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We take a look at the possible changes coming to CGT as a result of the recent OTS review.

Small business guide to running payroll and staff benefits

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A guide to navigating payroll and staff benefits as a small business.

How do the very rich avoid inheritance tax

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Our guide to IHT-avoidance measures used by the mega-wealthy.

Home Working Allowance for Employees -COVID19 update

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If you are working from home for your employer 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.

Landlords Tax rates and allowances for 20/21 Updated

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Tax rates and allowances relevant to Landlords for 2020/21

Self Assessment Advice For Returning Expats

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Considerations that expats should make when returning to the UK.

Contractors - LTD Company v Umbrella?

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With the impending IR35 changes right around the corner, the Limited vs Umbrella debate is on a lot of contractor’s minds. But what really is the difference and which one will be most beneficial to you?

Tax Guide to Going Self-Employed (Becoming a Sole-Trader)

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Our guide to the tax implications of branching out on your own.

Beginners Guide to Contracting through a Limited Company

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Wondering about setting up a limited company to offer your trade/services through?

Sole Trader vs Limited Company – Our Analysis

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Which is the better option for you?

Inheritance Tax Guide- Updated 2020/21

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This is our basic guide to Inheritance Tax (IHT). We explain how you can legally save thousands

Self-employed Sole Traders - where do you start in the new tax year?

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Tax planning Guide for Self-employed Sole Traders.

Landlords- Take advantage of your property losses

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A guide on how to use your COVID 19 losses against your tax liability.

A Guide To Self Assessments For Taxi Drivers 20/21

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Taxi Drivers are expected to accurately report their income while simultaneously submitting evidence of fuel and maintenance fees – often resulting in a last-minute search for invoices and receipts.

A guide to expenses for Contractors

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One of the main benefits of trading as a Limited Company contractor is that you can claim back business expenses for anything you purchase for your business, and in turn, claiming for these expenses can lower your tax bill.

Tax Basics for Contractors

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Our Guide to tax, VAT, NI for Contractors, including tax saving tips.

The Self Assesment extension and what it means to you?

If you missed the 31st of January filling and payment date for your return, you may want to read this article....

Last Minute Tax Return Guide- Get it Over the Line, on Time!

Left your Self-Assessment tax return to the last minute? Don't fear, ListenToTaxman's Last Minute Filing Guide is here....

Tax free alternatives to the Staff Christmas Party in the time of COVID

While the annual Office Christmas Party may be scaled down, abandoned or moved online this year, there are other tax free ways to reward your employees and directors after a tough year for all....

Who needs a UTR number anyway?

A Unique Taxpayer Reference (UTR) number is required by all sole traders, partnerships and limited companies in the UK. It’s unique to that individual or organisation and remains unchanged forever....

Get thee to the Pub! Our summary of Sunak's boozy budget statement.

Some help for lower income families, as long as they are working families. Our take on a not so green budget day for the UK....

A Guide to Payment on Account for the Self-Employed

What you need to know......

Property Capital Gains Tax - Upcoming Changes in 2020

Everything you wanted to know, but were afraid to ask...

Start the New Year Right- Self Assessment Guide

January 31st marks the deadline for your Self Assessment tax return. If you have yet to submit, it’s now more important than ever to prepare your documentation and receipts – and get back to earning. COVID update 2020 deadline changed to 28th of February....

Changes to mortgage interest relief for landlords

You may remember a time in the not too distant past when a man with a red suitcase dropped a little bombshell on landlords. 8th July 2015 to be specific. This was the announcement date of restrictions on tax relief given to landlords with regards mortgage interest incurred on their rental properties....

Stress-less tax returns (well almost)

Dreading January? As a self-employed sole trader, we’re going to guess that’s a yes – unless you’ve managed to file your Self-Assessment tax return already. Getting this monumental task completed early is no mean feat. But it is possible to get through the tax season without experiencing a stressful sprint to 31st January....

A contractors guide for 2019/20

Our guide to Contractors Salary and Dividends: How much you can take home and how to take it....

Buy-to-let Landlords - Most Common Tax Mistakes

With campaign letters and enquiries on the rise, what is it that HMRC are looking for? Here’s an overview of the main categories of mistakes....

Avoid paying too much tax on rental income

As property tax advisers, one of the most common questions we get asked is how you can avoid paying tax on my rental income....

Capital Gains Tax on Rental Property (Buy-to-let) 2019

Our latest tax feature, this time focusing on Capital Gains Tax, exploring the basics and full of tips to reduce your CGT liability....