February 2017

What are you planning for in 2017?

By |February 1st, 2017|

How to look forward to what you want to accomplish

When was the last time you wrote down your goals? More importantly, when was the last time you revisited them?

A new year can be seen as a fresh start and a marker to look forward to what you want to accomplish – personally, professionally and hopefully […]

January 2017

2016/17 Year End Planning

By |January 13th, 2017|

Keeping your taxes as low as possible – what you may wish to consider sooner rather than later
The 2016/17 year end for tax planning purposes is now only a matter of months away, with the deadline approaching on 5 April. Effective tax planning is about knowing the personal and business taxes you are liable to […]

November 2016

Tax relief and pensions

By |November 28th, 2016|

Annual and lifetime limits
Tax relief means some of your money that would have gone to the Government as tax goes into your pension instead. You can put as much as you want into your pension, but there are annual and lifetime limits on how much tax relief you get on your pension contributions.

Tax relief […]

April 2016

Tax-efficient investments

By |April 22nd, 2016|

Options to minimise how much tax you pay

By understanding which investments are the most tax-efficient, you can make the most of your options to minimise how much tax you pay.We at Hutt Professional could offer you the independent financial advice you may need on this to help you understand whats more tax efficient for your […]

January 2016

2016 Tax Matters

By |January 15th, 2016|

Reducing the taxman’s take

To minimise the tax you pay, it’s important to be fully aware of the choices you can make before you make them, so planning ahead and taking professional financial advice is essential, we at Hutt Professional have financial advisers with many years of experience who would be more than happy to offer […]

August 2015

ISA- The main Tax Rules

By |August 7th, 2015|

It is always good to remember the main tax benefits for ISAs. As a reminder:

There is not any UK tax on dividends in a stocks and shares ISA, although the 10% tax credit cannot be reclaimed ( it is thought that the 10% tax credit will be abolished from 2016/17)
Interest is received UK Tax-free in […]

March 2015

ISA allowance 2015: How much you can save tax free before April and the allowance for 2015-16

By |March 27th, 2015|

According to the Mirror its been a year since the Government announced  a higher ISA limit of £15,000 (before you could only save £5,940 in a cash ISA). This took effect from 1 July 2014.
So if you opened an ISA this year, you’ve got until 5 April to save up to that £15,000 allowance. You […]

January 2015

Tax return deadline is the 31st January, here are some tips to help you

By |January 28th, 2015|

As the 31 January deadline for online self-assessment tax returns looms, we cover some key points for those who have yet to submit their figures for 2013-14.
1. Don’t miss the deadline
If you are able to log on to the HMRC website, you can make a tax return up to midnight on 31 January. To log […]

Tax-deductible expenses for self-employment

By |January 27th, 2015|

Tax-deductible expenses
If you’re self-employed, you can claim expenses against your tax bill, but not all business expenses qualify so it’s important to make sure your claim is valid. Unless something you buy for your business is a capital asset, for example, a computer or machinery (which you claim for under different rules), you can deduct […]

For the Self-Employed: Quick the deadline is nearly upon us!

By |January 27th, 2015|

This is an important reminder for all self-employed individuals who have not already submitted their returns via the paper-filing method which its deadline has already passed on 31 October 2014.
Self-Assessment tax returns for the financial year which ended 5 April 2014 must be filed online by 31 January 2015 and any tax due must be […]