Tax Tips

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Introduction of the Dividend Tax – Why your tax return may be higher than expected

By |2018-03-12T15:25:31+00:00January 29th, 2018|

If you noticed your tax return being a little higher this year, here may be the reason: Many company owners pay themselves in the form of dividends, rather than a salary. However, in 2016 a new regulation was introduced called the ‘Dividend Tax Allowance’ whereby only the first £5,000 of your dividend payment will be

Last Minute Tax Return Help

By |2018-01-25T13:44:52+00:00January 12th, 2018|

The deadline for your 2016-17 tax return assessment is now only a week away, on Wednesday 31st January 2018. As the paper deadline has already passed (October 2017), you must now submit your assessment online. Not doing so, will mean you incur a penalty, unless you have exceptional reasoning and proof (such as a hospital