There are a number of reasons why a taxpayer needs to complete a Self Assessment return.

HMRC are to introduce an additional test from 1 April 2017 that will determine the flat rate percentage used by traders.

Making Tax Digital (MTD) is likely to be the most wide ranging change to the UK tax system since the introduction of Self Assessment many years ago and will fundamentally change the way businesses, the self-employed and landlords interact with HMRC.

Treasury is shifting its gaze to South Africans working in tax havens for more than 183 days a year to skip out on paying tax back home, and folks are a little worried.

Entrepreneurs’ Relief reduces the rate of CGT to 10% on the first £10 million of gains on the disposal of qualifying business assets.

Take note of these changes.

Where an individual is resident but not domiciled in the UK there are special rules that apply to that person’s overseas income and capital gains. Only UK assets are charged to inheritance tax. The government has been consulting on possible changes to the rules from 6 April 2017.

By now everyone has had some time to digest the Budget Speech, and specifically how the R28 billion increase in the tax burden that largely falls on individuals will impact us.

These are the tax table adjustments for those of us who don’t fall in the super rich income bracket.

It is now only a couple of months until the changes to tax relief for buy-to-let landlords start to take effect.

HMRC’s High Net Worth Unit (HNWU) is a specialist division that was established in 2009 to deal with taxpayers who have wealth in excess of £20 million. The threshold changed to £10 million during 2016-17.

Are you ready for tax zen?

The Common Reporting Standard (CRS) was developed by the OECD (Organisation for Economic Co-operation and Development) and provides a global standard for the automatic exchange of information relevant to tax between different tax jurisdictions. South Africa also agreed to comply with the CRS as from 2017.

There are two new HMRC telephone scams to be aware of. What do you and your clients need to look out for?

The coding threshold entitles taxpayers to have tax underpayments collected via their tax code, provided they are in employment or in receipt of a UK-based pension.

From April 2017, new rules are set to be introduced that will significantly change the circumstances under which non-domiciled (non-dom) status can be claimed by those that are UK tax resident.

That’s right. At 2pm this afternoon finance minister Pravin Gordhan will kick off this year’s budget speech and the money’s going to have to come from somewhere…

The poor guy just can’t catch a break.

South African expats and South Africans working abroad on a temporary basis are often unsure about whether they need to submit a tax return in South Africa.

Government employees are literally becoming overnight millionaires, and we’re paying for it.

Ciggies, whiskey, wine and most importantly petrol is going back up folks. Oh and even though there’s not enough to go around, you’ll be paying more for electricity too.

If you import or export goods from or to outside the EU, you or your agent should now be aware of upcoming changes to the way you make customs declarations.