How employers should deal with new employees

Local accountants and tax advisers, Trueman Brown, advise local employers of the tasks that they must perform when taking on a new employee. From a payroll perspective, there are various tasks that an employer has to perform when they take on a new starter. For...

Private principal residence relief change to final period!

Local accountants and tax advisers, Trueman Brown, advise buy-to-let property owners of the changes to the final period exemption contained with the private principal residence relief rules. From a capital gains tax perspective, there are significant tax savings to be...

Landlords to suffer the end of lettings relief

Landlords have been hit with a number of tax hikes in recent years, and this trend shows no signs of abating. From 6 April 2020, lettings relief – a valuable capital gains tax relief which is available where a property which has at some point been the owner’s only or...

Taxpayers, check your tax calculation is correct

Local accountants and tax advisers, Trueman Brown, advise taxpayers that each year HMRC make a PAYE reconciliation for employed individuals. Each year HMRC undertake a PAYE reconciliation for employed individuals who are not required to submit a tax return to check...

Tax Credits – informing HMRC of change in circumstances

Local accountants and tax advisers, Trueman Brown, advise local tax credit claimants that they must inform HMRC of any changes to their relevant circumstances. Tax credits are benefit payments that are paid to people in work who are on a low income or have children....