Making Tax Digital

Making Tax Digital

Making Tax Digital (MTD) is the government’s latest attempt to fully digitise the process of collecting data from taxpayers so they can speed up the process of calculating how much tax you owe. Until recently, we were facing radical changes to the tax system to accommodate this objective. Businesses (including landlords) were to be required … Read more

Claiming back professional subscriptions

Claiming back professional subscriptions

If your employment requires that you obtain and maintain membership of a professional organisation, you can make a claim to set the cost against your taxable earnings for income tax purposes. As you would expect there are a few hoops you will need to jump through to claim this relief. They are: You must have … Read more

Evidence of earning for mortgage purposes

Evidence of earning for mortgage purposes

If you are a client, and registered to submit a Self Assessment tax return, we can provide you with a statement that you can use as evidence of earnings for mortgage purposes. If you are not a client, there are many ways you can obtain this data direct from employers and other sources. For example, … Read more