Archive for August, 2010

Enquiry Fee Protection – Do I need it?

Many accountants, myself included, offer an insurance-backed ‘HMRC Enquiry Fee Protection Service’ but many people do not understand what it is and whether they actually need it.

What is ‘profit averaging’ all about?

If you are an artist, author, designer or composer then you may be able to use special tax rules to average out (or perhaps even reduce entirely) your tax bills where you have a spike in income. E.g. a big rise or a big fall compared to the previous year.


 

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