by AJN Accountants | Dec 24, 2021 | Accounting, Advice, Tax planning
Child benefit is not taxable but sometimes needs to be declared on tax returns. Since 2013 the high income child benefit charge (HICBC) claws back some or all of the child benefit paid to families where the highest earner in the family has total income of £50,000 or...
by AJN Accountants | Jul 16, 2020 | Accounting, Advice, News, Small Businesses, Tax planning
HMRC regularly warn taxpayers to be alert to fraudsters purporting to be from HMRC. It was recently published that in the last year they deactivated more than 20,000 fake HMRC websites, an increase of 29% on the previous year. People must stay vigilant to avoid...
by AJN Accountants | Jul 2, 2020 | Accounting, Advice, FAQs, News, Tax planning
Read this blog post to find out more information on the self-employed income support scheme (SEISS). For those self employed individuals who received a grant from the Government under the self-employed income support scheme (SEISS), it is important to remember that...
by AJN Accountants | May 19, 2020 | Accounting, Advice, Business, Financial planning, News, Small Businesses, Tax planning, VAT
The government has introduced a temporary exemption in regards to the purchase of office equipment. The Government has bowed to additional pressure to allow for extra costs incurred when working from home during the coronavirus pandemic. A temporary exemption is in...
by AJN Accountants | Apr 30, 2020 | Accounting, Advice, Business, Financial planning, News, Tax planning
Read this blog post to find out about income tax deferrals introduced to help businesses from the ongoing coronavirus pandemic. Income tax deferral measures were introduced by the Government to help businesses during the coronavirus pandemic. The deferral for income...