HM Revenue & Customs (HMRC) have released figures showing that 295,250 Self Assessment tax returns were filed in the first week of the new tax year. Almost 70,000 were filed on the first day – April 6th. This seems to suggest an increasing trend for filing tax...
Over the last two years, the tax-free allowance for capital gains tax has been cut by over three-quarters. For the tax year that recently began on 6 April 2024, the Annual Exempt Amount has been reduced to £3,000 (£1,500 for trustees). These reductions mean that more...
Filing your self-assessment tax return correctly is not just about fulfilling a legal obligation; it’s about safeguarding your financial well-being. Here are comments from IACEW why taking extra care in this process is crucial: “A taxpayer should take reasonable care...
Greetings from TaxDash! Are you a non-UK tax resident renting out buy-to-let properties in the UK? If so, understanding your tax obligations and entitlements can be crucial. Jacques Steenkamp, CEO of EOACC and the mind behind TaxDash, is here to shed light on claiming...
Introduction: Welcome to TaxDash, the innovative online portal designed by EOACC, your trusted Accountants and Business Advisors. As the CEO, I’m excited to guide you through the process of managing your property income and expenses seamlessly using TaxDash for...
