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The HMRC has issued a myth-busting mini poster to allay the fears of self-assessed tax payers who might be moving on to the new digital tax system. Essentially, it wants to assure those affected that the new system will be a simplification of the current one. Contrary to what is being bandied around, full returns … Continue reading
Accurately calculating ‘Use of Home’ expenses has always been problematic even for experienced accountants due to the vagueness of HMRC guidance. The attached Excel Spreadsheet is what I consider an excellent aid for my clients and others out there. My sources are HMRC manuals and HMRC webinars. The formulas are already inserted so just plug … Continue reading
Phoenix Debola 