If you are a business owner, you need to consider what to take in salary or in dividends.
Continue readingTax
Large number of over 65s file Self Assessment tax return
The 2021 to 2022 tax year saw a considerable amount of people aged 65 and over filing a tax return.
Continue readingHMRC penalties alert as 5.7 million still to file tax returns
Taxpayers have been warned that they could face a penalty after HM Revenue and Customs (HMRC) said 5.7 million were still to file their Self-Assessment returns.
Continue readingThousands file tax returns on Christmas Day
More than 22,000 taxpayers went online over Christmas Eve, Christmas Day and Boxing Day to complete their Self-Assessment tax return.
Continue readingHow the personal allowance works
Understanding your income tax and personal allowance is important when looking at your finances and how you are taxed.
Continue readingFurnished Holiday Let Tax: What do you need to know?
A furnished holiday let (FHL) is a particular type of rental property classification in the UK.
Continue reading
Our BLOG
How to handle an overdrawn director’s loan account
Latest TWEETS
.@GOVUK has announced that £4 billion worth of finance will be available for overseas buyers of UK goods and services. How will your business and #InternationalTrade be affected? Read more at bit.ly/3EYc27H #Cardiff #Bridgend pic.twitter.com/rZhf9dD3Vn
SUBSCRIBE to our list
If you would like to see full details of our data practices please visit our Privacy Policy and if you have any questions please email tellmemore@clayshawthomas.com.