Local Accountants – Expenses That Landlords Can Deduct

Local accountants and tax advisers, Trueman Brown, have a look at expenses that landlords can deduct from their rental income. Landlords must pay tax on any profit from their property rental business (although income from property of less than £1,000 a year can be...

Employers can keep their employees fit and healthy, tax-free!

Havering Accountants, Trueman Brown, like to keep their client’s up-to-date with the latest developments in tax. More than 25 million working days are lost annually due to work-related ill health matters, including the two leading causes of workplace absence,...

Employers warned about income tax and NI payable on tips

Havering Accountants, Trueman Brown, keep their client’s up-to-date with the latest developments in tax. The question of whether tips and gratuities are taxable and subject to National Insurance Contributions (NICs) often results in a lively debate. Broadly,...

How you can have tax-free income of £18,500 from savings

Romford Accountants, Trueman Brown, like to keep their client’s up-to-date with the latest developments in tax and accountancy. Where income is mainly derived from savings, it is possible to enjoy tax-free savings income of up to £18,500 tax-free in 2019/20 in...

MTD Software – What You Need To Do?

Making Tax Digital (MTD) for VAT went live on 1 April 2019. VAT registered businesses with VATable turnover above the VAT registration threshold of £85,000 are required to comply with the requirements of MTD for VAT from the start of their first VAT accounting period...