by Alastair Wood | Nov 14, 2013 | Tax Advice
A client was recently subject of a PAYE inspection and despite this appearing to be an inspection of the payroll, HMRC are actually looking deeper into the company affairs to extract additional tax if possible. One of the key areas they are targeting is proving the...
by Alastair Wood | Jun 1, 2012 | Tax Advice
As we look forward to the long weekend here are a few tips you may find useful: If you are completing the tax credit renewal form there are a couple of areas which may catch you out: Business owners – don’t forget to gross up dividends for 10% tax,...
by Alastair Wood | Mar 21, 2010 | Tax Advice
Under self assessment anyone who has a tax liability must inform the Revenue and pay the additional tax. For the majority of employed taxpayers this does not apply as tax is collected by their employer every month and any adjustments are made in their tax code. The...
by Alastair Wood | Dec 22, 2009 | Tax Advice
For partnerships and the self employed there is no laid down rule for claiming motor expenses, it is up to the taxpayer to decide whether to claim for tax purposes a proportion of their motoring costs, or the Revenue authorised mileage rate. Obviously you want to...
