Self Employed Tradesmen

  Tax content provided by Click on the following link for information about our tax and accountancy services. www.twdaccounts.co.uk  Q. Can I claim for pre-trading training? No. Because it was your choice to become a sole trader, the training costs prior to actually trading are not allowable.  Q. What pre-trading expenses can I claim? Non-consumable [...]

New tax rules could result in serious penalties for contractors in the construction industry who file their contractors’ monthly Returns late. The new rules impose penalties that increase with time and could result in loss of a contractors’ gross payment statement. These changes to the Construction Industry Scheme come into force this month (October 2011) [...]

Latest news – Article 1 – March tax tips TWD Accountants tax tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. Please contact us for advice in your own specific circumstances. We’re here to help! Taxman Starts Business Records Check The Taxman [...]

Budget Report 2010 TWD Accountants has summarised the main tax issues affecting our clients. We all knew that Chancellor George Osborne was going to announce an increase in Capital Gains Tax (CGT) today, but we didn’t expect the rate to rise immediately. Other surprises included reductions in the rates of corporation tax for both small [...]

* Self Assessment Below are the 11 database entries on the subject of Self Assessment. Do I have to pay my tax bill in a lump sum? If you owe less than £2,000, the amount may be included as an adjustment to your tax code for a future tax year. To do this, if you [...]