Deferral of Tax Payments
HMRC have updated their guidance to confirm that all individuals in Self Assessment, not just the self-employed, will now be eligible to defer their July 2020 payments on accounts until January 2021. This will be an automatic process and no interest or late payment...Hawsons makes history after 165 years in business
Hawsons Chartered Accountants is 165 years old Hawsons Chartered Accountants was founded in the city of Sheffield in 1854 – more than 25 years before the creation of the Institute of Chartered Accountants in England and Wales – by Alfred Allott and John Hewett....
Cryptocurrency & Tax
What is cryptocurrency? Historically, money has taken many forms; from being recorded in physical ledgers to now being entered electronically into a banks books, money has had to evolve and change with society for ease of transaction and consumer purchase. Enter...Personal allowances and tax bands for 2016/17
Personal allowances and tax bands for 2016/17 Under the current rules for those born after 5 April 1938 the personal allowance is currently £10,600, whilst those born before 6 April 1938 have a slightly higher allowance (read more about personal allowances by age...
