by Stapletons | Jul 27, 2023 | Accounting and bookkeeping, Personal finances
Landlords must account for various taxes when they buy, sell and rent property. Of course, any money received as rent is considered income, but there are plenty of expenses you can deduct to reduce your tax bill. Landlords also need to consider Stamp Duty Land Tax...
by Stapletons | Jan 3, 2018 | Accounting and bookkeeping
New year marks a busy period for nigh on 5 million self-employed workers, with the deadline for submitting online tax returns fast approaching. You should already have registered for self-assessment with HMRC and received your 10-digit unique taxpayer reference (UTR)....
by Stapletons | Oct 3, 2017 | Accounting and bookkeeping, Tax
Self-assessment is the process HMRC uses to collect income tax outside of wages, pensions and savings. People and businesses with other income need to file a tax return each year. Income received during the financial year (between 5 April and 6 April) must be reported...