Employees may be able to claim tax relief if they are working from home for their Employer. From April 2020 you may claim £6 per week (£312 per year) without having to keep any records. Please check if you can claim at www.hmrc.gov.uk and search “claim tax relief for your job expenses” – Remember you cannot claim if you are self employed or a company director and we are already claiming “Use of Home” expenditure in your accounts
Tax return deadlines and penalties. Remember HMRC will fine you £100 if your personal tax return is not submitted... read more
Remember to take full advantage of the HMRC rent a room scheme. If you rent a room in your... read more
Workplace pension minimum contributions are increasing from 6th April 2018. Employers contributions are going to 2% and Employees 3%,... read more
The biggest points to affect a small business in yesterdays budget were : A Tax cut for 31 million people... read more
Employee tax relief – remember that if either you or your employees pay for business expenses personally and are... read more
Losses and Tax relief. Remember that you can offset trade losses against any other income, including rentals, in the same... read more
PMC Partnership are now proud to introduce a special, all inclusive low fee for our retired clients. This total... read more
March 2018 and another tax year end approaches. Here are few reminders to help you maximise your tax breaks... read more
Buy to Let tax changes The Government is hammering the landlord with the latest planned tax changes to the Buy... read more
Remember to pay your second payment on account for personal 2020 tax by 31st July. Personal tax payments are... read more
