Paying subs and deducting them as expenses because membership is work-related? If the organisation is not on the HMRC Approved List, your subs may not be tax-deductible.
Clients who normally submit paper returns may be penalised if they miss the October deadline even if they make on online return before 31 January. Late payment penalties equal to 5% of the unpaid tax after 30 days, six months and then twelve months. Interest is also due on all tax paid late. This was … Continue reading
BOE interest rate cut is expected anytime soon in order to ward off a recession. If it happens, it’ll be a good time to get or renegotiate a property mortgage on fixed rate. It’s also a good time to shop around for a personal loan as they are on fixed terms. Don’t be tempted by … Continue reading