Questions And Answers
Read our expert answers to your questions
Is my bank interest income taxable?
I have received a lot more interest from my bank this year because of the increase in savings interest rates. I am a higher rate taxpayer and earned almost £1,000 of interest across my accounts. Please could you let me know if I will need to pay tax?
1 min readLast updated 15 Nov 2023 | First published 15 Nov 2023
Can I pay my underpaid income tax through my PAYE code?
2 min read
Last updated 9 Nov 2023
First published 9 Nov 2023
Can I claim mortgage interest as a deduction on my rental property accounts?
1 min read
Last updated 8 Nov 2023
First published 8 Nov 2023
What are the tax implications if my employee wants to work abroad?
1 min readFirst published 1 Aug 2023
What should I do if I miss the deadline for submitting my P11D?
1 min read
Last updated 13 Jul 2023
First published 13 Jul 2023
Can I save tax by running my business through a limited company?
1 min read
Last updated 12 Jul 2023
First published 12 Jul 2023
What are HMRC’s online Time to Pay arrangements for VAT?
1 min read
Last updated 12 Jul 2023
First published 12 Jul 2023
Can I offset my hairdressing training costs?
1 min read
Last updated 8 Jun 2023
First published 8 Jun 2023
Can a Time to Pay arrangement help my cashflow?
1 min read
Last updated 12 May 2023
First published 12 May 2023
Do I have to submit my P11D electronically?
1 min read
Last updated 19 Apr 2023
First published 19 Apr 2023
How do I get a tax refund if I am a subcontractor?
1 min read
Last updated 13 Apr 2023
First published 23 Apr 2021
What are the penalties if I submit my VAT return late?
4 min read
Last updated 28 Mar 2023
First published 25 Nov 2022