Paddy Harty
Tax Corner: 'Nudge' letters explained and why HMRC may have sent you one
QUESTION: I have received a strange letter from HMRC referring to 'persons of significant control' and asking various questions about my 2021/22 tax return.
Tax Corner: Death and taxes... they can't be avoided
QUESTION: I am the executor and sole beneficiary of my late uncle’s estate which includes a residential property, a share portfolio and some EIS investments.
PERSONAL FINANCE: Tackling inflation with tax relief
QUESTION: I am a higher rate taxpayer and am disappointed with the net of tax return from my £100,000 of bank savings which is just 2 per cent after tax.
PERSONAL FINANCE: All change as BPR marks change on how tax on profits is assessed
QUESTION: I am a sole trader, and my financial year end is June 30.
TAX CORNER: Post share sale gifting and re-investing
QUESTION: I have just sold the shares in my trading company to a third party.
I missed my tax deadline - so what happens next?
QUESTION: I was not able to file my tax return before January 31 as I was in hospital.
Year-end tax planning strategies - what you should do next
QUESTION: I have just filed my 2022 tax return and am wondering with about eight weeks to go to the tax year end, what planning can I do to reduce this year’s liability? ANSWER: The UK Income Tax Year ends on April , and you still have time to mitigate your 2023 tax liability via tax planning to ensure all available reliefs are utilised.
Will you be enjoying an electric new year?
QUESTION: I own a small company and I am due to change my car this year.
Tax Corner: Fundamental change on the way for assessing tax on business profits for self-employed
QUESTION: I have been self-employed for over 30 years. I prepare accounts to April 30 each year. With the end of 2022 approaching I understand that there will be changes to the way that I am taxed starting in 2023?
Valuation warning as home-owners may have underpaid their tax
QUESTION. In 2014 I purchased a house for £750,000 using a limited company as the purchase vehicle.