making the most of pension tax allowances

Pension savings can be tax efficient if done correctly as contributions to registered pension schemes attract tax relief up to certain limits. limit on tax relief Tax relief is available on private pension contributions of 100% of earnings or £3,600, whichever is the greater. This is subject to the annual allowance [...]

reduced payment window for residential property gains

Currently, capital gains on the sale of residential property in the UK are reported on the self-assessment tax return and the total capital gains tax liability for the tax year is payable by 31 January after the end of the tax year. For example, the capital gains tax on residential [...]

what to do if you need to change your tax return

If, like us at Appleleaf Accountancy, you made it and breathed a sigh of relief at the end of January after meeting the self-assessment tax return deadline for 2018/19, well done it is out the way for another year. However, what can you do, if anything, if you suddenly realise [...]