A world without tax accountants
Anecdotal evidence suggests that in the next 5 years the number of tax agents leaving practice will far exceed the number joining the profession
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In-year relief claim? Prove it
Taxpayers not in self-assessment and who need to claim relief on pension contributions must now send evidence to HMRC. What’s the full story?
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HMRC has withdrawn Form 652. How should you notify VAT errors going forward?
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Can paying interest to your company save tax?
You recently borrowed a substantial sum of money from your company rather than take extra salary or dividends. Your bookkeeper says it might be more tax efficient if your company charged you interest. This sounds counter-intuitive but is it correct?
Anecdotal evidence suggests that in the next 5 years the number of tax agents leaving practice will far exceed the number joining the profession. Here are two possible reasons why:
- increasing regulation of the profession
- Making Tax Digital (MTD) for income tax self-assessment.
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