by Thomas Nock Martin | Jun 25, 2019 | Tax
Every year HMRC publishes a list of when the right time is for you to file your self-assessment tax returns online. The list highlights which groups of people are excluded because of the special circumstances of their job. Filing incorrectly can lead to you paying the... 
by Thomas Nock Martin | Jun 13, 2019 | Tax
As a landlord you are entitled to claim a tax reduction on the cost of equipment used in property rental businesses. But do you know what landlord expenses can be claimed for rental property? Many of you are missing out on tax relief that you are within your rights to... 
by Thomas Nock Martin | Jun 5, 2019 | Tax
If your director’s loan account is in the red by the end of your company’s financial year, do you know the most tax-efficient option to manage it? Should you write it off to avoid a charge on the company? Can a director’s loan be written off? If you’re unsure of the... 
by Thomas Nock Martin | May 8, 2019 | Tax
The P11D deadline for the salary sacrifice scheme is almost upon us for 2018/19. However, it’s likely that this is the first time as an employer that you will have to include benefits provided to your employees through a salary sacrifice scheme. So if you’re asking... 
by Thomas Nock Martin | Apr 20, 2019 | Tax
When it comes to making tax digital for VAT, it is important that you have full clarification on how and when you need to apply. Here at Thomas Nock Martin, we are proud to be one of the leading West Midlands chartered accountants, and have plenty of experience and... 
by Thomas Nock Martin | Mar 11, 2019 | Tax
The self-assessment deadline has passed, however, those who have missed the deadline may see an increase in their fines this year. As standard protocol, HM Revenue and Customs usually send out penalty warnings in February to encourage and remind those who are still...