Effective Estate Planning ensures that your property and possessions go to the people you choose when you die. Read our quick guide on estate planning as it can be financially beneficial to the recipients of your estate if you can reduce the amount of tax paid to HMRC.
Daly Park exhibited for the first time at NI Chamber's Annual Networking Conference in St George's Market, Belfast, on 14th September 2016.
With an estimated 55% of new businesses failing within 5 years, it is important that you do the groundwork before starting out on the path of business ownership.
The deadline for self-assessment tax returns for the year 2015/16 is fast approaching.
Happy New Year and hope you're looking forward to a successful 2017!
Generally you are taxed by the country where you are 'tax resident' and it is possible to be tax resident in 2 or more countries.
A guide to reducing your tax bill before the end of the current tax year.
IR35 was HMRC's response to the growing number of employees leaving their permanent roles, setting up their own businesses and then returning to perform their old role as a contractor to avoid paying Tax and National Insurance at the higher rates.
In line with the Government's 'end of austerity' message and boosted by better than expected tax revenues and growth forecasts, the Chancellor gave his most eventful Budget speech to date.
As we come to the end of 2018, have you completed and filed your 2017-18 Tax Return?
With the 31st January self-assessment tax return deadline approaching – do get in contact NOW if you haven’t sent us your income and business details.
For most firms with employees, there comes a tipping point when handling payroll in-house is no longer feasible, although this point varies from business to business.
Are you at risk from a tax investigation? HMRC is better equipped at spotting potential anomalies and non-compliance with its powerful data analysis system ‘Connect’ which can cross-reference tax payers information against other government agencies e.g. DVLA, and other trading websites.
Restaurants and takeaways make up approximately a quarter of the businesses ‘named and shamed’ by HMRC as ‘deliberate tax defaulters’ since it began publishing the list in December 2017.
Catch up with the latest tax news affecting you as an individual and your business:
Working from home offers all kinds of benefits but is not without tax implications.
Latest Tax news that could affect you and your business: online tax returns, off-payroll rules extended, tax cuts for millions.
Daly Park offers a Tax Investigation Service add-on to its clients.