DID YOU KNOW?
Guidance on claims and allowances that you could be missing out on.
Below is for guidance only and advice should be sought before taking action to make sure any claims or declarations are made correctly. Please get in contact if you require further information.
Are you a landlord? Are you aware of the changes made when you sell a property?...
From the 6th April 2020, you must inform HMRC of any capital gains tax liabilities and pay the amounts due within 30 days of selling a property using a new online service. If you do not report within the time limit, you may be charged interest and a penalty.
Are you required to work from home?...
The HMRC flat rate work from home allowance was increased from the 6th April 2020 to £6 per week. You can claim this yourself and HMRC will adjust your tax code.
Has your employer provided you with a specific uniform for work?...
You can claim a standard flat rate tax relief on the cost of cleaning your uniform (if met by the HMRC definition - "a set of specialised clothing that is recognisable as identifying someone as having a particular occupation i.e. nurse or police officers". The amount you can claim will depend on your job and the industry you work in.