HMRC hikes late payment interest rates
Posted on January 6, 2022 Posted in - Blog, Business Blog, Tax BlogThe rate of interest charged on late payments by HM Revenue & Customs (HMRC) has increased, it has been announced.
The rate of interest charged on late payments by HM Revenue & Customs (HMRC) has increased, it has been announced.
According to HM Revenue & Customs (HMRC), over 31,000 Self Assessment tax returns were submitted between Christmas Eve and Boxing Day.
Temporary legislation permitting outdoor markets and marquees will be made permanent, the Government has confirmed.
Temporary legislation allowing outdoor markets and marquees will be made “permanent”, it has been announced.
The Government has launched a crackdown on bosses who dissolve their companies to avoid paying their liabilities, with rogue directors facing disqualification for up to 15 years or even prosecution.
As of 17 December 2021, there has been a temporary shift to the self-certification period regarding Statutory Sick Pay (SSP). Read more…
Certain goods and services will become cheaper to import from around the world after 01 January 2022, it has been announced. Read more…
If you are planning on treating staff this Christmas, here’s a brief guide to the tax rules for the 2021/22 financial year.
As a consequence of the ongoing pandemic, many employees have reassessed what they value in their work life.
As many companies will already know, COP26 took place in Glasgow last month and fuelled many firms to commit to going Net-Zero by 2050. Read more…