by Admin 2 | Jan 17, 2020 | HMRC, Tax
2017 Income Tax – Restriction of finance costs for individual property landlords Did you know that in his 2015 post-election summer Budget, George Osborne informed residential landlords that from April 2017 their ability to claim higher rate tax relief for...
by Admin 2 | Jan 10, 2020 | HMRC, Tax
Self-Assessment Tax Return Tips You must file your 2018/19 self-assessment tax return online by midnight on 31 January 2020 if you want to avoid a late filing penalty. so, what can you do to help ensure this deadline is met? Help us to help you Tax...
by Admin 2 | Dec 20, 2019 | Business Success, Cloud Accounting, Making Tax Digital, Tax
We, the Lotuswise Team, wish all our clients & friends a very Merry Christmas and a Happy New Year! Lotuswise Chartered Accountants and Business Consultants can help you and your business succeed. To find out how, please contact us. To also...
by Admin 2 | Dec 17, 2019 | HMRC, Tax, Technology
MTD – announces more time for digital links…what does this mean for you? You may have heard that on, 17 October, HMRC made a much-welcomed announcement that some businesses will qualify for an extension to the MTD for VAT (MTDfV) existing twelve months...
by Admin 2 | Nov 22, 2019 | HMRC, Tax
Christmas Parties and Presents Did you know that the taxman is not entirely lacking in Christmas spirit? If you are an employer, the tax system features a number of exemptions which enable you to put on a party for staff or to give your employees a seasonal gift,...
by Admin 2 | Nov 14, 2019 | HMRC, Tax
Small business rate relief & business rates Did you know that business rates are payable on non-domestic properties such as offices, shops and factories. And that the rates are worked out on the rateable value of the property, but there are various reliefs...
