Watch out for tax scams, warns HMRC
Posted on March 10, 2022 Posted in - Blog, Business Blog, Scam, Tax, Tax Blog
HM Revenue & Customs (HMRC) is warning taxpayers to stay alert to tax scams after a surge in fraudulent activity.
Category: Tax Blog
Act now to continue receiving tax credits, says HMRC
Posted on March 4, 2022 Posted in - Blog, Business Blog, HMRC, Tax, Tax Blog
Workers and self-employed business owners who claim tax credits, Child Benefit or Guardian’s Allowance have just one month left to switch their Post Office card account, it has been warned.
Almost one million taxpayers handed late submission penalty after missing Self Assessment deadline
Posted on March 3, 2022 Posted in - Blog, Business, Business Blog, Business News, Tax, Tax Blog
Nearly one million taxpayers have been fined after failing to submit their tax return on or before the 28 February Self Assessment deadline, it has been revealed.
How would an Online Sales Tax affect your business?
Posted on March 1, 2022 Posted in - Blog, Business, Business Advice, Business Blog, Business News, Tax, Tax Blog, Tax News
The UK Government is set to assess whether to introduce an Online Sales Tax (OST) as a solution to the tax imbalance in the retail sector. Read more…
HMRC to close helplines one day a week to clear backlog
Posted on February 23, 2022 Posted in - Blog, Corporate Tax, Corporation Tax, Tax, Tax Blog, VAT, VAT and MTD
VAT and Corporation Tax helplines at HM Revenue & Customs (HMRC) will close for one day a week to help clear the backlog built up during the COVID-19 pandemic. Read more…
Nearly 100,000 taxpayers spread cost of tax bill into manageable monthly instalments, HMRC reveals
Posted on February 17, 2022 Posted in - Blog, Business, Business Blog, Tax, Tax Blog
Nearly 100,000 taxpayers used HM Revenue & Customs’ (HMRC) Time to Pay self-serve facility to spread the cost of their 2020/21 tax bill, it has been revealed.
Marriage allowance and how you can save on your tax bill
Posted on February 16, 2022 Posted in - Blog, Business, Business Blog, Tax, Tax Blog
The Beatles sang about All You Need is Love, but in a week that includes Valentine’s Day, that love could come in the form of tax relief through Marriage Allowance.
Hidden charges alert as 2.3 million miss Self-Assessment deadline
Posted on February 9, 2022 Posted in - Blog, Business, Business Blog, Self Assessment, Self employed & self assessment, Tax Blog
To many taxpayers, it must seem like the ongoing effects of the pandemic are an endless nightmare of tax deadlines, after the endless nightmare of lockdowns.
Cryptocurrency and working out your tax liabilities
Posted on February 3, 2022 Posted in - Blog, Business Blog, Tax, Tax Blog
Cryptocurrencies are proving volatile at the moment with values tanking and then picking up again as the market fluctuates.
Consultation on global minimum corporation tax for large multinationals
Posted on January 19, 2022 Posted in - Blog, Business Blog, Tax Blog
The Government has launched a consultation on how a worldwide 15 per cent minimum corporation tax can be implemented domestically, in a move designed to tackle avoidance and ensure a more level playing field for UK businesses.