What’s the difference between simple assessment and self assessment?

What’s the difference between Simple Assessment and Self Assessment?

Article by Coconut Simple Assessment was introduced in September…
What to do if you’re new to completing self assessment tax returns

What to do if you’re new to completing Self Assessment tax returns

You’ve just started your new business as a self-employed professional…
Time is fast running out to file your self assessment!

Time is fast running out to file your Self Assessment!

Article by Coconut Just how quickly has this year flown by,…
Faqs: completing a self assessment tax return for previous tax years

FAQs: Completing a Self Assessment tax return for previous tax years

Article by Coconut  Answers to frequently asked questions…
The new lump sum allowance and lump sum and death benefit allowance

The new lump sum allowance and lump sum and death benefit allowance

The standard lump sum and death benefit allowance is £1,073,100.…
Council tax information letter 4/2024: pension-age council tax reduction applicants and universal credit

Council Tax information letter 4/2024: Pension-age Council Tax Reduction applicants and Universal Credit

The Ministry of Housing, Communities and Local Government has…
Cipp - hmrc charter annual report 2023-24

CIPP - HMRC Charter Annual Report 2023-24

Each year HM Revenue and Customs (HMRC) releases a report detailing…
Self assessment: the evolution

Self Assessment: The Evolution

For many self-employed workers Self Assessment has always been…
How to advise solvent clients who are looking to close their company

How to advise solvent clients who are looking to close their company

A solvent company can be closed down using one of two methods.…
Cipp - our advisory and policy teams have received several queries from our members asking why hm revenue and customs (hmrc) create a ‘new employment’ when a new employee number or payroll id is created from the employer/agents' side?

CIPP - Our advisory and policy teams have received several queries from our members asking why HM Revenue and Customs (HMRC) create a ‘new employment’ when a new employee number or Payroll ID is created from the employer/agents' side?

For example, period 1, employee number is ‘12345’. In period…
Iab group manifesto 2024 – placing education at the heart of finance

IAB Group Manifesto 2024 – Placing Education at the Heart of Finance

As we approach the coming General Election, there will be much…
What are the warning signs of insolvency an accountant should be on the lookout for?

What are the warning signs of insolvency an accountant should be on the lookout for?

As an accountant, you’re the financial caretaker of the businesses…