HMRC has sent out a message to some of the 12 million people with Self Assessment tax accounts in the last week or so, alerting them to the need to file their next Self Assessment tax return. Whether you received this ...
READ MOREMany employers are on the lookout for new means to attract talent to their business in an increasingly competitive labour market, but many aren’t aware of annual health screenings and their tax-efficient benefits. Unlike many benefits offered to employees, these are ...
READ MOREThe new tax year has recently begun and it is a time when businesses and individuals will need to review their position to ensure that they are not caught out by shifting rules and fiscal drag. It is also the time ...
READ MOREAs the conflict in the Middle East disrupts the global economy, many businesses are eyeing their energy bills with dread. Rising gas and oil prices are unlikely to be brought down effectively any time soon, even if an end can be ...
READ MOREMaking Tax Digital (MTD) for Income Tax has now begun, years after it was first announced and when it was due to take effect. Even as recently as the week before the shift, only 21 per cent of affected taxpayers were ...
READ MOREJust days ahead of the initial phase of Making Tax Digital for Income Tax, HMRC has confirmed the exit options for sole traders and landlords who fall below the annual qualifying income threshold. There has been a lot of concern from ...
READ MOREAs the steady expansion of reporting obligations continues, it seems that the time has come for close companies to face greater scrutiny. There is currently an ongoing public consultation as to how to implement new reporting requirements. With the change looming on ...
READ MOREI am sure many of us can’t wait for the long Easter weekend to get here. If it feels like it has come early this year, you are correct. This year the bank holiday has come a lot sooner than previous ...
READ MOREGiven that it is the biggest overhaul to the way that taxes are filed in decades, it is no wonder that Making Tax Digital (MTD) for Income Tax has a whole host of additional considerations to manage. As the timing when ...
READ MOREMore than £55 billion worth of side hustle sales data is to be handed to HMRC by platforms, as the tax authority ramps up compliance on small online traders and service providers. Platforms, such as eBay and Airbnb, have once again ...
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