How client gained a £10,000 tax rebate

How client gained a £10,000 tax rebate

Tax problem Mr X worked abroad under a UK umbrella company but when he returned to the UK he believed he was paying too much tax. He had tried contacting HMRC several times but they were unable to resolve the situation. Mr X was getting frustrated as he couldn’t make...
What is a P11D form?

What is a P11D form?

Employers have only a week left to file P11D forms for those employees and directors who receive ‘benefits in kind’. The form should be with HMRC by 6 July and any Employers National Insurance due must be paid by 22 July. But what is the P11D? Many people, especially...
What are management accounts?

What are management accounts?

If you think management accounts are the same as year-end accounts or something to do with tax returns, think again! While book-keeping and preparing for tax returns are part of your legal obligations, management accounts help run your business. Reports at the end of...
Bounce Back Loans explained

Bounce Back Loans explained

Bounce Back Loans for businesses facing difficulty due to the Covid-19 pandemic have one important criteria to meet. If you do not meet these tests, you will be unlikely to qualify. Our founder Tony McNally looks at one of the tests and offers his take on it. The...

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