Taxation

Taxation is a fast-moving, wide-ranging and common concern for all business people in the UK. We look at the intricacies of taxation for different types of business from sole traders to large organisations. Our blog articles about tax tackle the latest developments in the fields of taxation and tax accountancy with help and advice from our ex-HMRC tax consultants.

Simply get in touch if you’d like a free initial consultation to discuss how we can help you with all aspects of taxation.

Read our taxation posts below for all the latest about tax in the UK.

Taxation Posts

Overseas Tax Minefield

If you are looking to expand your business overseas or just need help understanding the complex tax arrangements that apply to foreign income e.g. remittance basis, then you have come to the right place. Steedman & Company offer over 25

Boo! Don’t be spooked by Your Taxes this Halloween

We love the thrill of being scared and startled by ghosts, witches, and vampires, especially at Halloween. While many enjoy the fear and excitement associated with this horror-filled holiday, don’t let your taxes and financial future bring such a fright

Register Self Employment
There are a number of reasons you may need to register for HMRC Self-Assessment, even if you are full time employed. If you know you do, or if you are not sure whether you do or not, give us a
Tax on Employer Share Incentive Plans (SIP)

Many employees of publicly listed companies are given the option of obtaining shares in the company through a Share Incentive Plan (SIP). The employer would have a number of reasons for doing so, mainly to motivate the workforce by giving

Capital Allowances Tips

Even for a so called expert, filling out a tax return can be a confusing enough process, but the one section that often has everyone flummoxed is the capital allowances. Here are some simple pointers to explain the reason and

One of the most common questions we get asked by our self-employed clients is “Am I allowed to claim such-and-such as a business expense?” There are large lists of what is and what is not allowed but we have noted …

Tax Returns Deadline Catch Up – 15th October 2013 Are you behind with your tax returns? Put it aside for a few years and not got round to dealing with it yet? Well, HMRC are offering a quick and

Why have I received this letter? You will receive this tax calculations letter if HMRC think that you have underpaid or overpaid tax in a previous year.

In most cases the adjustment will relate to an incorrect tax code in

UPDATE 10/01/2020: As 2020 is a leap year the below information may be particularly useful to you.

Employers who pay their staff in a different fashion to the usual monthly payment – meaning those who pay weekly, fortnightly or four-weekly

Tax Rules Shouldn’t be Changed

The CBI has stated that the government could do better to maintain solidity within the taxation structure by allowing current tax rules to remain in place for far longer, or even indefinitely.

However specific refinements could be implemented, as well