How to avoid late HMRC payment penalties and interest

If you’re expecting a sizeable self-assessment tax bill for 31 January 2020. How and when can you reduce this, and if you can’t how can you manage the payment in the most cost-efficient way? HMRC’s pound of flesh If you’re late paying either of your January or July instalments of tax, HMRC will charge interest … Continue reading How to avoid late HMRC payment penalties and interest

The Budget has been set for 11 March 2020

The Chancellor has announced the date for the first Budget in more than a year. What can you expect? What tax adjustments are expected? The Conservatives' manifesto mentioned a 1% increase to R&D tax credits and the structures and buildings allowance, along with a £1,000 increase to the employment allowance. The party promised that it … Continue reading The Budget has been set for 11 March 2020

The Budget has been set for 6th November 2019

The Chancellor has announced the date for the first post-Brexit Budget. What can we expect? Whats in store for us? Announcement. Sajid Javid said "This will be the first Budget after leaving the EU. I will be setting out our plan to shape the economy for the future and triggering the start of our infrastructure revolution". What … Continue reading The Budget has been set for 6th November 2019

Book recommendation – “Break the Wheel – Question best practices, hone your intuition, and do your best work.” by Jay Acunzo

This month’s book recommendation comes from an author that I found by his podcast “Unthinkable” and I can not recommend this book highly enough, if only to make you think and reconsider some of your assumptions. Also look out for his podcasts Our world is flooded by advice, ideas, and experts, but we shouldn't make … Continue reading Book recommendation – “Break the Wheel – Question best practices, hone your intuition, and do your best work.” by Jay Acunzo