The government have recently announced some relief for smaller hobby businesses trading online with a new £1,000 tax allowance starting in 2017. Research released by RBS in January claimed that 1 in 5 UK adults are ‘hidden entrepreneurs’. These are defined as people who are running small businesses in their spare time or who… Read More
Nearly one million innocent people wrongly chased by HMRC for late tax
A quite alarming statistic from the weekend papers my first blog post , but definitely one that needs to be highlighted ! Tax inspectors have been trying to fine up to one million innocent people hundreds of pounds each for late tax returns. HM Revenue Customs are quoted stating that 963,000 taxpayers were found to… Read More
Welcome
Welcome to our new site and monthly blog. I’m going to write a monthly blog on a mixture of items. The blog will mainly contain tips for saving tax , advice on changes in tax laws and some other miscellaneous items Cheers TMA
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Hello
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