TAX SAVING TIPS

Most commonly overlooked Tax Credit claims are:Image

– medical expenses at 20% tax relief

– rent relief 20% subject to limits

– home carers credit

– flat rate expenses for certain employments

– Tuition Fees (subject to restrictions)

– Medical insurance premiums, if paid by employer.

N.B. There is a four year time limit in which to make your claim.

About ericpower
Qualified Accountant and Registered Auditor with Association of Chartered Certified Accountants (ACCA) Broad experience and highly successful in implementing financial, management and audit reporting process improvements, in both industry and practice, with the ability to access and analyse complex problems to workable solutions. Specialties Management Accounts, Statutory Financial Reporting, Auditing, Due Diligence, Budgeting, Staff Training, Grant & Finance Applications, Tax Minimisation. Pro-Active Accounting (not just historic) using IT solutions to give SMEs the information to drive their business.

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