Guest Editor: Things to consider for your Tax Return 2020/21
This month’s guest blog post comes from Lucy Orrow, Senior Tax Manager at Lambert Chapman LLP
Lucy has compiled a list of things to think about when collating your tax return information this extraordinary year.
While the content for Self Assessment and Tax Returns might not be relevant to the majority of clients it may well be for friends and family.
FOR THOSE STILL EMPLOYED:
If you have been asked to work from home in the last year, then you are entitled to claim £6 per week as a tax-free allowance (if your employer has not included it in your pay-packet). HMRC will allow a blanket claim for the 12 months.
‘Do you have a company car or van which is normally declared on a P11d?’
If you have been on furlough or shielding, can you prove that the car/van has not been used? Did you return the vehicle or key to your employer? Do you have a mileage tracker or logbook that can