Menzies

MAY 22, 2024

Menzies LLP - A leading chartered accountancy firm. The Times has recently reported on leaked data which shows approximately 17,000 British citizens owned approximately 22,000 properties in Dubai as of spring 2022, and yet only 1,900 UK tax residents reported let property income from a Dubai property in the 2021/22 tax year.

Tax 59

Tax Non-Profits tax return chartered accountant 59

Menzies

JANUARY 29, 2024

Menzies LLP - A leading chartered accountancy firm. So, if a tutor is earning less than £1,000 in a tax year from an online platform there will be no requirement to notify HMRC of this source or make a disclosure. The tax calculations can potentially go back up to 20 years depending on the circumstances.

Tax 59

Tax tax return chartered accountant Start-ups 59

Menzies

OCTOBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. If you earn Esports income from activities such as streaming, sponsorship, or tournament winnings, did you know you may need to declare this to HMRC and you may have tax to pay? This facility exists specifically to help regularise your historic tax affairs.

Sports 59

Sports Tax tax return chartered accountant 59

Menzies

JANUARY 10, 2024

Menzies LLP - A leading chartered accountancy firm. If they choose not to, then we expect the majority of disclosures will be made using the existing Digital Disclosure Service (DDS) – see here. The tax calculations can potentially go back up to 20 years depending on the circumstances.

chartered accountant 52

chartered accountant Tax tax return Start-ups 52

Menzies

OCTOBER 4, 2022

Menzies LLP - A leading chartered accountancy firm. The basis period reform will not affect businesses with accounting year ends to 5 April or 31 March. From 2024/25 profits will be taxed on a tax year basis. Content created by Private Client Assistant Manager, Rachael Smith. Transition period.

income tax 52

income tax Tax chartered accountant tax return 52