Tax

15 things every UK landlord should know about Capital Gains Tax

You may not have paid any Capital Gains Tax so far. It’s not as common as Income Tax, National Insurance or VAT. And you may not be planning to pay Capital Gains Tax for some time yet, but one day that may change, so it

A pair of glasses

Why file your Self Assessment tax return in April?

Having just filed your 2023/24 Self Assessment tax return, hopefully ahead of the 31 January online filing deadline, you probably don’t want to have to think about your next tax return for a good while. That’s perfectly understandable. However, according to Mike at GoSimpleTax there

digital watch

Yikes! MTD for ITSA introduction not far off!

Well, after no less than four delays since it was first announced in 2015, it now looks like the first phase of the introduction of Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) will finally go ahead at last. If you’re a

How to avoid the usual 31 January Self Assessment deadline panic

OK, so yet again you’ve left sorting out your Self Assessment tax return until far too late, despite promising yourself that you wouldn’t ever let it happen again. Tut, tut. The online filing deadline, which is midnight on 31 January, is now fast approaching and

How to file your UK Self Assessment tax return if you’re an expat

Some 5.5m expat Brits are estimated to live outside of the UK, with 1.3m living in Australia alone. The other major English-speaking countries, New Zealand, the USA and Canada are also hugely popular with expat Brits, while a reported 400,000 expats live in Spain and

clock on a desk

Time is fast running out to file your Self Assessment!

Just how quickly has this year flown by, eh? It’s something that you may well have heard, if you haven’t said it yourself. Maybe it’s something that you notice more the older that you get. The Olympics are a distant memory (great weren’t they?), the