As discussed when we reported on the Autumn budget announcement, anyone selling a property is affected by changes to the Capital Gains Tax. Previously there was a window of 30 days for
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HMRC Self Assessment Deadline Extension: Penalties Waived HMRC have announced on 6th January 2022 they are waiving late filing and late payment penalties for Self-Assessment taxpayers for one month this January 2022 –
Accounting can be time consuming - let's face facts. With the New Year finally upon us, we've taken the opportunity to make a list of small(!) changes we can all make, to help
Chancellor's business support packages for coronavirus pandemic On 17 March, Chancellor Rishi Sunak unveiled a £330 billion worth of business support packages for the UK economy as it combats the COVID-19 pandemic.
IFS calls to raise taxes in upcoming Budget The IFS calls to raise taxes in upcoming Budget. The Institute for Fiscal Studies (IFS) has urged Chancellor Rishi Sunak to use the forthcoming
Current list of deliberate tax defaulters HMRC publishes current list of deliberate tax defaulters, those people who have received penalties either for: deliberate errors in their tax returns or deliberately failing to comply with
Self assessment deadline approaching The deadline for submitting your 2018/19 self assessment return is 31 January 2020. The deadline applies to taxpayers who need to complete a tax return and make direct payments
Employer guidance from HMRC HMRC has issued Employer guidance in the latest Employer Bulletin. This issue includes articles on a number of areas including: guidance for employers on reporting PAYE information in
HMRC crypto guidance HMRC has published crypto guidance for people who hold cryptoassets, typically cryptocurrency or Bitcoin, explaining what taxes they may need to pay and what records they need to keep.
Check employment status for tax tool update HMRC has issued an update to the Check employment status tool (CEST) in advance of the introduction of new tax rules proposed for individuals who
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