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Questions And Answers

Read our expert answers to your questions

tax planning

Can I reduce my tax if my spouse doesn’t work?

I own a rental property and pay tax on the rental income at the higher rate. My spouse doesn’t pay tax and I was wondering if we could organise our affairs in a way to save tax?

1 min read

First published 5 Sep 2022

employee benefits

How can I incentivise my staff on a budget?

1 min read

First published 5 Sep 2022

National Insurance

Payment of Class 1A National Insurance Contributions

0 min read

Last updated 7 Jun 2022
First published 6 Jul 2021

small business owner on a laptop

When will Making Tax Digital affect my business?

1 min read

Last updated 4 May 2022
First published 4 May 2022

bitcoin image

When do I start paying tax on cryptocurrency?

1 min read

Last updated 4 May 2022
First published 4 May 2022

Pension piggy bank

Tax relief on a workplace pension scheme

1 min read

Last updated 25 Mar 2022
First published 25 Mar 2022

employers discussing paperwork

What is Employment Allowance?

1 min read

Last updated 23 Mar 2022
First published 2 Mar 2014

VAT percentage

Can I use the Flat Rate VAT Scheme?

1 min read

First published 25 Jan 2022

What penalties can I expect for a late tax return?

What penalties can I expect for a late tax return?

1 min read

Last updated 13 Jan 2022
First published 26 Jan 2016

scaffolder

How to apply for gross payment status as a CIS subcontractor

1 min read

First published 17 Dec 2021

VAT

Can I claim back any input VAT?

1 min read

Last updated 22 Nov 2021
First published 22 Nov 2021

Pay slip

Can I pay my tax bill through my PAYE tax code?

1 min read

Last updated 18 Nov 2021
First published 4 Oct 2019

Closing costs

How to close your company

1 min read

Last updated 15 Oct 2021
First published 15 Oct 2021

Tax time

Do I need to complete a self-assessment tax return if I have done a capital gains tax return?

1 min read

Last updated 15 Oct 2021
First published 15 Oct 2021

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