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Paying Tax on Company Cars

A common misconception is that cars given by a company are tax free. This is not the case, as a company asset is being used which may been seen as a cash equivalent and there will be tax payable on...
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Let Property Campaign (LPC)

Have you ever come across situations where you have not expressed to anybody that you have made income on your buy to let? Is it something you should not be disclosing with the HMRC? A big NO. Though you are...
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I’ve just done my tax return for the first time and HMRC have asked me to make a PAYMENT on ACCOUNT? What is this and why do I need to pay it? Payments on account are advance payments on for...
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