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Questions And Answers

Read our expert answers to your questions

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How can I save tax if my profits push me into the higher rate tax bracket?

I’m self-employed and my taxable profits have risen and are likely to push me into the higher rate tax bracket in the current tax year, is there anything I can do to save tax?

1 min read

First published 6 Feb 2023

Tax payment

What interest will I be charged if I pay my tax late?

1 min read

Last updated 10 Jan 2023
First published 10 Jan 2023

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Where do I find my UTR number?

1 min read

Last updated 2 Dec 2022
First published 6 May 2020

man on computer

How do I register to file a tax return?

0 min read

Last updated 28 Sep 2022
First published 7 Jan 2020

tax planning

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

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

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