High Income Child Benefit Charge: Tax Planning to Mitigate the Impact
Many entrepreneurs are surprised when they see their child benefit being clawed back via Self Assessment -if only they could plan for it...
Many entrepreneurs are surprised when they see their child benefit being clawed back via Self Assessment -if only they could plan for it...
Although HMRC made a late change to waive the £100 penalty on late Self Assessment returns filed after 31 Jan, that's where the charity ended with no respite for due payments or enquiries
So you have made an investment into an SEIS company but you don't want to claim (all of) the income tax relief in the latest tax year - how do you carry it back?
As part of the range of COVID-19 financial measures, a deferment of the second payment on account for personal tax self assessment payments was announced...