Subsistence benchmarks

It has almost been 3 months since the start of the 2016/17 tax year. Contractors who are eligible to claim subsistence (e.g. those who are working in temporary workplaces for less than 24 months and outside of IR35) have been able to further reduce their administrative work by utilising HMRC Benchmark Rates. From 6 April…

Completed your self-assessment tax return – what next?

Time to plan ahead For everyone who has filed their self-assessment tax return on time, now is the best time to plan ahead before the 2015/2016 tax year, which commences in a couple of months’ time.* Please refer to our previous blog posts for some useful information on the changes after 5 April 2016. We regularly post articles…

Self-assessment tax return – meeting this year’s deadline

The 2014/2015 self-assessment tax return deadline is fast approaching. Hopefully you are on top of your paperwork and it has already been submitted to HMRC. If you have not completed or are in the process of completing your self-assessment tax return, please get in contact with your accountant urgently. Missing the deadline on 31st January…