Real Time Information (RTI) Interest.

In the past some employers would play the PAYE system, holding on to the PAYE deductions until the last payment date of the year, and then paying the balance due before interest was charged.


Tax Nudge.

A “nudge” in this context is a piece of advice or an arrangement designed to encourage you to pick the option the Government wants you to choose


Second Homes.

If you have more than one home, properties actually used as your home, you can elect for one of those properties to be your tax exempt home.


Let Property Campaign.

The taxman has launched another ‘confess your tax sins’ campaign aimed at individuals who have failed to declare rental income they have received from residential properties.…


Business Journeys.

A number of self-employed businesses have been waiting for a tax case to be decided which turned on the question of “what is a business journey?”…


VAT Penalties.

If you pay your VAT late to HMRC, even one day late, your card will be marked for a VAT penalty called a ‘default surcharge’.


Non-Resident Landlords.

If you leave the UK and let your property here, your letting agent (or the tenant where there is no agent) should deduct basic rate (20%) tax from the rents paid after deduction of certain expenses, under the non-resident landlord scheme (NRL).