We are fast approaching the end of the 2016-17 tax year, and particularly for company directors, now is the time to review your income for the year to ensure you have made best use of available tax allowances.
Once again there seem to be a round of scam emails going around! With the new auto-enrolment pension requirements, these phishing scams are targeting people who are still getting to grips with what they are required to do.
Taxpayers and accountants everywhere breathed a sigh of relief on Tuesday as we reached the tax return filing deadline for the 2015-16 tax year. If you didn’t manage to meet the deadline, HMRC will issue an automatic £100 late filing penalty.