Personal accounting

Self Employed

Self-assessment taxpayers can “automatically defer payments on account”, HMRC confirms

Jul 20, 2020

Self-employed taxpayers due to make a payment on account can automatically defer the payment until 31 January 2021, it has been confirmed. The second Self Assessment payment on account for the tax year 2019/20 is usually due at the end of ...

READ MORE
SEISS

Check your eligibility and make a Self Employment Income Support Scheme claim

May 14, 2020

HM Revenue & Customs is currently contacting eligible individuals regarding the Self Employment Income Support Scheme (SEISS) so that they can begin the application process. You may be eligible for the scheme if: Your trading profits are no more than £50,000, ...

READ MORE
shutterstock_591447695

Last call on tax returns, says HMRC

Jan 28, 2020

HM Revenue & Customs (HMRC) is calling on taxpayers who have yet to submit their tax return to do so urgently. With less than a week to go until the 31 January 2020 deadline, three million taxpayers have reportedly yet to ...

READ MORE
shutterstock_354168098

Spotlight On… civil partnerships for mixed-sex couples

Jan 14, 2020

Mixed-sex couples are now able to enter civil partnerships after Parliament passed the required legislation, meaning that the Civil Partnerships, Marriages and Deaths Act has now become law. Couples were able to give notice for the first time from 2 December ...

READ MORE
shutterstock_1107423758

Majority of employees uncomfortable discussing finances at work

Nov 21, 2019

According to the latest research, two-thirds of employees do not feel comfortable talking about their finances at work, despite more than a fifth of people struggling to make ends meet. The research published by Business in the Community as part of ...

READ MORE
shutterstock_421745821

Personal insolvencies on the verge of highest level for a decade

Oct 31, 2019

According to official figures, the number of people facing insolvency is set to reach the highest level for almost a decade, following an annual increase of more than 22 per cent in December. The figures showcase the ongoing problem many British ...

READ MORE
shutterstock_1243360342

Millions of workers boosting incomes through side businesses

Aug 05, 2019

According to the latest research, millions of British workers are boosting their income through 'side hustles'. The study of adults in full-time employment by Vistaprint found that almost a quarter of respondents had turned a hobby into a side business alongside ...

READ MORE
shutterstock_1189492975

HMRC refunds £1.8 million child benefit tax penalties

Jun 10, 2019

HM Revenue and Customs (HMRC) has issued £1.8 million in refunds after reviewing cases where families were hit with penalties for failing to register for a charge relating to their child benefits. Thousands of penalties have been cancelled as a result ...

READ MORE
shutterstock_1096036970

Victims of scams to be refunded by banks

May 30, 2019

Thousands of people who fall victim to scams are to receive new protection after a number of the UK’s biggest banks agreed to introduce a new code. The code will give people better protection against authorised push payment scams, where victims ...

READ MORE
shutterstock_1016004685

Workers could be missing out by not checking personal tax accounts

May 16, 2019

According to the latest research from the Post Office, just under half (46 per cent) of workers have never checked their personal tax accounts. In 2015, HM Revenue & Customs (HMRC) introduced the Personal Tax Account to try and make it ...

READ MORE

© Walker Begley 2016. All rights reserved. Registered to carry out audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. WB Financial Management Ltd is an appointed representative of LJ Financial Planning Ltd which is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales no. 5280582

  • Privacy
  • Terms & Conditions
  • VAT number: 107 1775 25
  • The information required by the ‘Provision of Services Regulations’ is on display at our office.