If you've paid for work-related expenses yourself and your employer hasn't reimbursed you—provided you're not required to file a Self Assessment and total expenses are £2,500 or less—you may be able to reclaim Income Tax relief using HMRC’s P87 Form. This form covers costs like uniforms, professional subscriptions, travel, tools, and home-working-related expenses.
A Unique Taxpayer Reference (UTR) is a ten-digit number issued by HMRC when you register for Self Assessment or when a company is set up for Corporation Tax. It is your permanent identifier with HMRC and is needed whenever you file tax returns, pay tax, or communicate with HMRC.
The right accounting software can transform how you manage your business, saving hours of admin time, reducing costly mistakes, and giving you clearer financial insights. Here are six top UK options and what makes them stand out.
If you're required to work from home due to your employer’s setup or circumstances, you may be entitled to tax relief on increased household bills such as heating, electricity, and broadband. HMRC offers a straightforward system to claim this relief either at a flat rate or based on actual additional costs.
When you sell a property that’s not your main home, you must report any gain to HMRC and pay Capital Gains Tax (CGT). The 36-Month Rule sets a tight deadline for reporting and payment on UK residential property disposals.
This price plan is suitable for the start-up companies who are not VAT registered.
This price plan is suitable for the companies who are VAT registered and turnover is less than 100K with a couple of employees.
This price plan is suitable for the companies who are VAT registered; turnovers are more than 100K and have 2 directors and shareholders.
This bespoke price plan is suitable for the companies who are VAT registered, with more directors, shareholders and employees. Also, annual turnover is more than 200k and requires further bespoke services.
This price plan is suitable for self-employed individuals, landlords and those who need to submit Self-Assessment Tax Returns.
If you need to submit the Self-Assessment Tax Return, we can offer you competitive prices starting from £150 + VAT. Price can vary according to your nature of income. Please contact us for more details.
Our commitment to you is that we’ll ensure all the information we’ve submitted to the Civil Aviation Authority is up-to-date and accurate.
