by AJN Accountants | Dec 4, 2025 | Tax Planning
If you owe income tax that cannot be collected automatically via PAYE, such as tax on bank interest or the state pension, HMRC may send you a simple assessment notice. This letter shows how much tax HMRC believe you owe based on information they hold. It is...
by AJN Accountants | Oct 24, 2025 | Tax Planning
In just over six months the first group of taxpayers will be required to join HMRC’s Making Tax Digital for income tax (MTD IT) programme. Some individuals may be able to avoid this by claiming an exemption. Self-employed taxpayers and landlords with qualifying...
by AJN Accountants | Sep 15, 2025 | Tax Planning
Life insurance arranged by employers can provide vital financial protection for employees, their families, and the business itself, with important tax rules to consider. Employers often take out life insurance cover to protect against the financial impact of losing an...
by AJN Accountants | Jul 14, 2025 | Tax Planning
Many working families will now be arranging childcare for the school summer holidays and the start and end of the school day from September. The Government’s tax-free childcare scheme could provide up to £2,000 a year per child, or £4,000 if the child is...
by AJN Accountants | Jun 30, 2025 | Tax Planning
With effect from 6.4.25 the preferential tax treatment enjoyed by UK resident individuals whose permanent home is outside the UK (‘non-doms’) has been withdrawn. Before this date, non-doms could benefit from the remittance basis of taxation for up to...
by AJN Accountants | Jun 23, 2025 | Tax Planning
The Check Employment Status for Tax (CEST) tool allows contractors and other individuals providing services – or businesses engaging workers to perform services for them – to determine whether the work should be treated as employment or self-employment for...
