New rules to end second home tax loophole
Posted on January 14, 2022 Posted in - Blog, Property, Property News, Tax, Tax BlogMultiple homeowners who leave “holiday lets” empty will no longer be able to claim tax benefits, it has been announced.
Multiple homeowners who leave “holiday lets” empty will no longer be able to claim tax benefits, it has been announced.
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 self-employed workers have used HM Revenue & Customs’ (HMRC) Time to Pay service to spread out tax bills, the latest figures have revealed.
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.
To many, cryptoassets, which includes cryptocurrencies, are an enigma shrouded in mystery. Whether we are talking about Bitcoin, Dogecoin, Litecoin, blockchain or mining, most people will not have a clue. Read more…
Traders who have sold or exchanged cryptocurrency may be required to pay Capital Gains Tax (CGT), HM Revenue & Customs (HMRC) has warned. Read more…
Controversial changes to the basis period rules will be pushed back to 2024, the Government has announced.
If you are, then keep reading… Read more…
With the winding up of the Coronavirus Job Retention Scheme (CJRS) or furlough, at the end of September, it is vitally important that all employers are up to date with their Corporation Tax
More workers than ever are finding themselves getting close to or exceeding the higher rate tax bracket, recent figures have revealed. Read more…