Are you prepared for payroll changes this April?
Posted on February 25, 2022 Posted in - Blog, Business Blog, HMRC, Payroll, Tax
Employers have been urged to prepare for changes to automatic enrolment, the minimum wage, and taxes this April.
Category: Tax
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.
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.
HMRC scam calls have decreased by 97 per cent
Posted on January 25, 2022 Posted in - Blog, Personal Tax, Personal taxes and finances, Scam, SMEs, Tax
Scammers posing as HM Revenues and Customs (HMRC) were rife in March 2021, with a staggering 79,477 calls reported. Read more…
New rules to end second home tax loophole
Posted on January 14, 2022 Posted in - Blog, Property, Property News, Tax, Tax Blog
Multiple homeowners who leave “holiday lets” empty will no longer be able to claim tax benefits, it has been announced.
Late filing penalties waived for one month to give taxpayers more time to prepare 2020/21 tax return
Posted on January 7, 2022 Posted in - Blog, HMRC, Self Assessment, Self employed & self assessment, Tax, Tax Blog, Tax News
Late filing and late payment penalties will be waived for one month to give taxpayers more time to prepare their 2020 to 2021 Self Assessment tax return, it has been announced. Read more…
Tens of thousands of taxpayers spread out Self Assessment tax bill in wake of coronavirus pandemic
Posted on December 9, 2021 Posted in - Blog, Tax, Tax Blog
Tens of thousands of self-employed workers have used HM Revenue & Customs’ (HMRC) Time to Pay service to spread out tax bills, the latest figures have revealed.
Making Tax Digital – what you need to know ahead of 2022-23
Posted on December 1, 2021 Posted in - Blog, Making Tax Digital, MTD, Tax, Tax Blog
On 1 April 2019, HM Revenue and Customs (HMRC) introduced its new digital tax initiative – Making Tax Digital (MTD) – and its first phase, MTD for VAT.