Welcome to the AccoTax Help Centre
Search for answers to your questions by entering keywords below, or scroll down to look through our knowledge base.
TAX
Is Charging Fees Through My Spanish Company Taxable in the UK?
I own a very successful company in the UK, which is now largely run by the management people in the UK. This allows me to
Is Compensation I Receive for a Work-Related Injury be Tax Deductible?
My employer has just paid me a substantial sum described as ‘damages’ to compensate me for an injury I received at work. Will this payment
Is it Fine to Pay Self Assessment Payment to Creditor Instead of Taxman?
I’m going to be a bit short of money for the self-assessment payment due on 31st January and was wondering what the Taxman would do
Is it Possible to Exempt my Buy-To-Let Property from Capital Gains Tax?
Can I treat my buy-to-let property as my main home so it is exempt from capital gains tax? You can only treat your buy-to-let
Is it Right to Issue Shares to my Wife to Avoid Higher Tax Rate in Future?
I see that the Chancellor has postponed bringing in a new law to tax family companies who share business profits between spouses, the so-called income
Is It too Late to Get Higher Rate Tax Relief for Pension Contributions?
For the last few years, I’ve paid into a personal pension scheme but I have never shown those payments on my tax return. Is it
Is My Daughter Pay Loan Back to me with Interest to Cover my Cost?
I’m looking at taking out a loan with my bank and then loaning this on to my daughter to help her start her business as
Is There a Scam in Receiving Employee Benefit Trust (EBT) Emails?
I have received several emails recently from organisations claiming I could use an employee benefit trust (EBT) to reduce tax. Is this a scam, or
Is There a Way to Divert Some of Redundancy Payments to Reduce Tax?
I have volunteered for redundancy at the age of 59 and expect to receive a pay-off worth £60,000. The first £30,000 will be paid free
Is there a way to mitigate the recent increase in dividend tax?
For this tax year, whilst the dividend allowance of £500 has remained frozen, the tax rate has increased 2 percentage points on each tax band
Is There Any Tax Implications on Transactions Through my Personal Bank?
I incorporated my business last year, but I haven’t got round to opening a bank account in the company’s name. All the business receipts and
Is There Way to Avoid Input Tax Hit on Purchasing Building?
Q. Our long-term landlord has offered us the opportunity to purchase the freehold in the office building we work from, which we are keen to do.
July Tax Credits Deadline Prompts Payment Warning
Nearly one million people need to be aware of a looming tax deadline, coming on 31 July. It’s that time when tax credit renewal notices
June Key Dates 2025
1st Corporation Tax payments are due for companies with a year-end of 30th September. 6th Deadline for submitting P11D and P11D(b) forms for the tax
June Key Tax Dates 2022
1 – Payment of Corporation Tax for accounting periods ending 31 August 2021 1 – Deadline to confirm employees payrolled benefit information. 1 – New Advisory Fuel Rates
June Key Tax Dates 2024
1st Multiple Dwellings Relief is to be abolished. 19th For employers operating PAYE, this is the deadline to send an Employer Payment Summary (EPS) to
June Key Tax Dates 2025
1st Corporation Tax payments are due for companies with a year-end of 30th September. 19th For employers operating PAYE, this is the deadline to send
Just How Many of the Super-Rich are Fleeing the UK Over Tax Hikes?
Concerns over Chancellor Rachel Reeves’ tax policy shift, scrapping tax benefits for non-domiciled residents (non-doms), has prompted concern amongst high earners. Legal experts warn that
Key Tax Dates – April 2023
5 – Last opportunity to utilise income tax personal allowances, annual ISA allowances, and exemptions for CGT and IHT for 2022/23. Last day to claim exemption
Key Tax Dates – August 2023
03 Is National Cycle to Work Day, where employees are encouraged to get into work on two wheels. 19 Please note, in 2023, 19