Investments Archives | Taxfile https://www.taxfile.co.uk/category/investments/ Tax advice & accounting services for South London businesses & SMEs Thu, 13 Mar 2025 14:34:11 +0000 en-GB hourly 1 As a Director do I need to file a Self Assessment Income Tax Return? https://www.taxfile.co.uk/2020/11/as-a-director-do-i-need-to-file-a-self-assessment-income-tax-return/ Tue, 10 Nov 2020 15:15:05 +0000 https://www.taxfile.co.uk/?p=4778 HMRC now states that where all of a director’s income is taxed at source and there is no other sources of income, then there is no need for them to register for self-assessment and to file a return. If as a director you have been requested to submit a self assessment tax return, but have […]

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New: Tax Advice & Planning Service https://www.taxfile.co.uk/2018/02/new-tax-advice-planning-service/ Fri, 02 Feb 2018 12:55:24 +0000 http://www.taxfile.co.uk/?p=2761 New tax planning & tax advice service from Taxfile

You can now get tax planning and tax advice from Taxfile. We have highly experienced senior accounting staff who can give you the right tax advice when you need it most — for example, when your circumstances are changing, if you've had trouble keeping on top of your tax commitments and need to bring things up to date, or perhaps a friend or relative simply needs a bit of reassurance with regard to their tax situation. Perhaps you have assets or income abroad as well as income in the UK and want to make sense of your tax position. Or, perhaps you have recently made a tidy profit trading crypto coins like Bitcoin and want to know where you are from the standpoint of Capital Gains or Income Tax. Maybe you need to disclose income from property rental that you have previously not told HMRC about (more about that in a later post). Those are all examples of typical situations where our new Professional Tax Advice and Tax Planning services can help you to see the wood from the trees.

A Free Telephone Consultation

In the first instance, we are inviting clients to speak for just 15 minutes with one of our resident tax planning experts. This will be in the form of a free, introductory telephone call, perhaps in February or March if it suits you. We can then see what's needed and take it from there. We can, of course, discuss any costs with you before you commit to anything further, and there is no obligation.

Whether it's about labour taxes, investment taxes, business taxes, disclosures to HMRC or even professional help to support you during an HMRC tax investigation, we can make sense of all the options for you and — in a fair and ethical way — help to make sure you are paying no more tax than you should do. With decades of experience in accountancy and tax planning, we know exactly what's what when it comes to tax, so can definitely help you. Call 0208 761 8000 to arrange your free 15 minute telephone appointment with a tax expert, at a mutually convenient time. Alternatively,

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Highlights from the Chancellor’s Budget, 18 March 2015 https://www.taxfile.co.uk/2015/03/highlights-from-the-chancellors-budget-18-march-2015/ Thu, 19 Mar 2015 15:51:20 +0000 http://s168566730.websitehome.co.uk/Taxfile-WP-site/?p=1069 Along with some encouraging news about the UK economy, some interesting new measures were announced in the Chancellor’s Budget yesterday and below we highlight those which we feel will directly impact the majority of UK taxpayers: As widely forecast, the tax-free allowance will increase. The amount people can earn before paying tax will rise to […]

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(Time Sensitive): Tax Year End Changes for Pension Allowances https://www.taxfile.co.uk/2014/02/tax-year-end-pension-allowance-changes/ Wed, 19 Feb 2014 14:30:58 +0000 http://www.taxfile.co.uk/blog/?p=666 The start of the new Tax Year on 6 April 2014 – just 6½ weeks away at time of writing – will see two very important changes in relation to pensions allowances. The first change will affect the ‘Annual Allowance’ (or ‘AA’) which is the annual limit on pension savings attracting tax relief. This limit […]

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Time for ‘tax year end planning’ (pre-Budget) https://www.taxfile.co.uk/2014/02/tax-year-end-planning/ Thu, 13 Feb 2014 15:30:10 +0000 http://www.taxfile.co.uk/blog/?p=660 The budget will take place on March 19th 2014 so that gives us all just 5 weeks (at time of writing) for ‘tax year end planning’. So perhaps now is the time to start reviewing investments. N.B. We’re not financial advisers (we are tax agents and accountants) so we can’t give advice on investments. But […]

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Stocks & Shares ISAs … https://www.taxfile.co.uk/2013/09/stocks-shares-isas/ Thu, 12 Sep 2013 09:00:58 +0000 http://www.taxfile.co.uk/blog/?p=544 The Pros and Cons of ‘Pound Cost Averaging’ ISAs represent a tax-efficient vehicle for savings because any interest gained on them does not attract tax. At Taxfile, particularly in respect of Stocks & Shares ISAs, we’re often asked whether a lump sum investment is better or worse than a regular ‘drip-feed’ of smaller payments. If […]

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