by support | Aug 8, 2024 | General, Tax
This is a success story. It could have been something a lot worse. A business owner I know got into difficulties, and he had to liquidate his company. He chose the cheapest liquidators on the market, and left them to get on with their work. He then received some very...
by support | Jul 8, 2024 | General, Tax
Some people have been receiving mysterious refunds of Class 2 NI in recent weeks. HMRC has now provided an update on the issue. What’s going on? Class 2 NI has been collected via self-assessment for a while now, but there are still problems. It was recently reported...
by support | May 23, 2024 | General, Tax
I have just received the below from my tax advice subscription. HMRC has incorrectly refunded Class 2 NI to some self-employed taxpayers. What should you do if you get an unexpected payment? Self-employed taxpayers with profits below £6,725 can voluntarily pay Class 2...
by support | Apr 2, 2024 | General, Investment, Tax
Recent discussions that I have had with business owners have given me the impression that there is a lot of mistrust out there of IFAs and managed pension funds. Whilst admitting that there are always exceptions, what follows below are the results of some enquiries I...
by support | Mar 21, 2024 | General, Tax
I have just received the attached from my professional subscription service. Basically, it means that there is next to no chance nowadays of getting any kind of an answer from a human being in HMRC on any tax question. You will have to use HMRC’s online services or...
by support | Mar 10, 2024 | General, Tax
Changes to Companies House fees. Company incorporation and registration fees TransactionChannelNew feeIncorporationDigital£50Incorporation (same day)Software£78IncorporationSoftware£50IncorporationPaper£71Registration under s1040 (Part 33 Chapter 1)...