30 September

Restricting Finance Cost Relief for Individual Landlords

Policy objective The government have begun the restriction on the amount of Income Tax relief landlords can get on residential property finance costs, such as mortgage interest, to the basic rate of tax. This is due to their belief that this method will make for a fairer tax system. This will ensure that landlords with […]

31 August

When does a Company Director need to File a Self-Assessment Tax Return?

As we reach halfway through the 22nd self-assessment tax return filing season, we still find that some of the most basic questions need a bit of thought before answering. This is especially prevalent when considering the tax obligations of a company director. How would a company director know if they need to file a self-assessment […]

27 July

Who Needs to Complete a UK Tax Return?

In the UK, we are in the fortunate position where most people earning a PAYE salary or wage or receiving a pension do not need to complete a tax return. However, each year, as working and lifestyle patterns change, the number of tax returns increases.  More than 11,500,000 were filed for the 2016-17 tax year. […]