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The deadline for submitting your online self-assessment tax return is just over six weeks away and accountants are being booked up quickly as time runs out.
Remember that you should have submitted your tax return and paid any taxes you owe by Midnight on 31 January.
With its large team of accountants, Umbrella.co.uk is well placed to help clients complete their self-assessment tax returns on time. But spaces are filling up quickly and opportunities to get help are running out.
Looking for a Christmas present for yourself? How about one that will save you money for years to come – and help you stay out of legal scrapes.
Contractors spend a great deal of their time on the road. And although you can often claim tax back on travel expenses – the sheer number of miles you get through each year can push up the price of your insurance premiums.
Anything that can bring down these premiums is most welcome and that’s where a dash cam can be your best friend.
The government’s second Finance Bill has been confirmed, meaning that the tax free dividend allowance will be cut from £5,000 to £2,000 from April 2018.
The cut could cost contractors up to £1,143 a year as the Chancellor continues with his raid on self-employed finances.
The dividend allowance cut was first mentioned in the Chancellor’s Spring Budget speech. Phillip Hammond said: “People should have choices about how they work, but those choices should not be driven primarily by differences in tax treatment.”
