Paul Clifton
Aug 14, 20208 min read
Making Tax Digital for Income Tax
The biggest change for businesses, which has yet to coming into effect, is reporting under Making Tax Digital (MTD). Around 4 million...
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Mr Paul Clifton
Jul 23, 20206 min read
Making Tax Digital for Income Tax to be resurrected (again)!
HMRC’s flagship Making Tax Digital (MTD) online quarterly reporting is to be resurrected and extended. It will bring all VAT-registered...
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Paul Clifton
May 31, 20194 min read
HMRC's strategic approach for collecting more tax
New Targets for H M Revenue & Custom published in March 2019 The government has invested around £2 billion of additional funding to H M...
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Paul Clifton
May 10, 20196 min read
Employed or self employed? - that is the question
Are you employed or self employed? Many people believe that they are free to decide whether to be employed or self employed. There can be...
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Paul Clifton
Apr 30, 20192 min read
Employing close family in your business
Putting your partner, husband, wife, children or family friends on the payroll of your business can be tax efficient. Paying a close...
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Paul Clifton
Sep 20, 20186 min read
Dancer in pole position for tax relief
Overview of the tax rule Many clients ask what they can claim for as tax deductible expenditure i.e. expenses that can be deducted from...
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Paul Clifton
Jan 25, 20162 min read
Ten worst excuses for late tax returns
HM Revenue & Customs has released its new list of the worst excuses used by late-Tax Return filers trying to avoid the automatic...
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Mr Paul Clifton
Jun 10, 20141 min read
Salary sacrifice – everyone’s a winner
Paying salaries is an expensive affair, thanks to Employers’ National Insurance Contributions (NICs) at nearly 14%. Converting some of...
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