Feb 2, 2020 | Accountancy, Business Success
25th Business Birthday – Wow! So it’s my 25th Business Birthday. 25 years ago I started my business Pro Active Resolutions in my back bedroom. Certainly, time has flown and it has been a fantastic journey- which has seen a lot of changes. From as far back as I...
Dec 23, 2019 | Money, Self Assessment, Tax, Tax Advice
Self Assessment Firstly, Self Assessment was introduced by the Inland Revenue (HMRC) in April 1996. Secondly, this tax system used to assess and collect Income and Capital Gains Tax. This vlog looks at How to prepare your tax return 21-22 Some important things to...
Dec 8, 2019 | Artists, Creative Sector, Not For Profit Organisations, Tax, Tax Advice
Artists tax: Averaging Relief Artists Tax- Averaging Relief is designed to help artists who have significant fluctuating income from one year to the next. The tax consequence of this fluctuating income could be no tax to pay when profits are low, followed by paying...
Nov 30, 2019 | Accountancy, CIS, Money, Services, Tax, Tax Advice
To clarify, making the correct Construction Industry Scheme (CIS) deductions is one of the schemes conditions. So, are you doing it correctly? Firstly are you working in construction? Secondly are you a contractor, subbie, advisor, all of those? If so this article...
Nov 25, 2019 | Expenses, Money, Services, Tax, Tax Advice
Personal Tax: What expenses can we claim? Today, we will tell you what expense claims can be made for your Personal Tax Return. Previously we talked about that, pencil in the aorta time, tax return season. I get loads of clients saying, Mahmood, we’re putting our...
