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South Shields
0191 420 0550 172-174 Albert Road, Jarrow, NE32 5JA info@kpsimpson.co.uk
0191 455 0518 171 Sunderland Road, South Shields, NE34 6AD info@kpsimpson.co.uk

Category

Income Tax
Tax on rental income from jointly owned property depends on ownership shares, unless part of a
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HMRC reports over 63,000 taxpayers filed their returns over the New Year, but 5.4 million still
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The 31 January 2025 deadline for self-assessment tax returns is fast approaching. Avoid penalties
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Are you a landlord? Maximise your rental income by knowing which expenses you can claim to reduce
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The cash basis is now the default for self-employed income reporting. Learn about the key updates,
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Over one million parents have now claimed Child Benefit online or via the HMRC app, with 87% of new
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Can’t pay your tax bill in full by 31 January 2025? HMRC’s online Time to Pay system lets
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Scotland’s 2024 Budget delivers on public priorities with investments in services, poverty
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Selling online? From 2024, digital platforms must report your information to HMRC if sales exceed
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Could you save up to £1,260 in tax this year? If one of you earns less than £12,570, the Marriage
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