As part of HMRC’s ongoing digital revolution of the UK tax system, Making Tax Digital (MTD) for income tax will apply to all self-employed individuals and landlords with gross income in excess of £10,000 per...
HMRC have set out the new penalty regime for the late submission of tax returns and the late payment of tax for VAT periods beginning on or after 1 April 2022 and for self-assessment periods...
The upcoming ban on the sale of petrol and diesel cars in the UK has been brought forward from 2035 to 2030, and was originally planned for 2040. This underlines the Government’s desire to make...
The self-employment income support scheme (SEISS) was introduced by the government to support self-employed individuals whose businesses were adversely affected by the Covid-19 pandemic. Support is available to both sole traders and partners of a...
HMRC has been urged to consider extending the 31 January self-assessment filing deadline and/or late penalty regime in view of the current coronavirus pandemic however, they have recently confirmed that they do not currently plan...
As you are no doubt aware the Job Retention Scheme has been extended to 31 March 2021 – with a government review date in place for January 2021. These are some important points that we feel...
