Many of you will be aware that we have partnered with Lumen Financial Planning to offer regulated financial advice, what you may not be aware of is, that Jason Holmes, the owner manager, has recently become a fitness fanatic! Maybe it's a mid-life crisis, maybe just a determination to show he's not past it (yet!) but he has entered an Ironman Distance Triathlon Continue Reading
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About: Dev19
Recent Posts by Dev19
Tax fugitive tracked down
A member of the one of the UK’s biggest tobacco smuggling gangs, who fled to Spain to avoid prison, has been returned to the UK to begin his sentence. John Sabin, 58, from Doncaster, was part of an eight-strong gang that transported millions of smuggled cigarettes across the north of England to warehouses, storage yards and farms with the intention Continue Reading
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Pension contributions and high income earners
Our previous government enacted legislation that removed the personal allowance for certain high income earners. The present government has made no change to this process. Basically, for every £2 your income exceeds £100,000, your personal allowance is reduced by £1. Take, for example, the case of Joe Smith who has income for 2014-15 of £100,000 and a personal tax allowance Continue Reading
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HMRC’s second incomes campaign
On 9 April 2014 HMRC published details of their latest campaign to encourage taxpayers to declare and pay unpaid tax on second incomes. HMRC will expect settlement of any taxes due four months from the date of declaration of untaxed income sources to HMRC. The types of income highlighted by HMRC include: consultancy fees, for example, providing training organising parties Continue Reading
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