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As the cost of living crisis continues, many individuals may struggle to meet their Self-assessment tax bill by the 31 January 2025 deadline. Ignoring the issue won’t make it go away; it will only worsen due to accumulating interest and penalties. Fortunately, several options are available to help you manage your tax liability. 1. Adjusting
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Post-pandemic, homeworking has become the norm, especially with the increase in ‘hybrid’ working, i.e., spending part of the week at home and part of the week in the office. On the face of it, claims for tax relief on travel and subsistence costs for such employees should be straightforward, as in no claim, because if
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