HM Revenue & Customs (HMRC) has received 54,800 tax relief claims from individuals for working from home using a new online portal. Continue reading
Category Archives: HMRC
Self-Assessment: HMRC announces new ‘enhanced payment plans’ for self-employed
From 1 October 2020, individuals who complete Self-Assessment tax returns will now be able to divide their tax bill into monthly instalments, without speaking to an HM Revenue and Customs (HMRC) adviser first. Continue reading
Business groups call for digital tools tax relief
Leading business groups have urged the Government to introduce digital tools tax relief to support small and medium-sized enterprises (SMEs). Continue reading
National Minimum Wage investigations have drastically increased
National Minimum Wage investigations by HM Revenue & Customs (HMRC) have increased significantly, according to the latest research. Continue reading
COVID-19 – 1.23 million businesses access Government support schemes
More than 1.23 million UK businesses have accessed COVID-19 support schemes backed by the Government, according to the latest figures from HM Treasury. Continue reading
HMRC confirms unused Employment Allowance can be used to reduce other tax costs
Employers who delay their Employment Allowance claim and have unused Employment Allowance available at the end of the tax year “can use this to reduce other tax costs”, it has been confirmed. Continue reading
The second round of the Self-Employment Income Support Scheme (SEISS) opens for applications
The second stage of the Self Employment Income Support Scheme (SEISS) is now open, and applications must be submitted before the deadline on Monday 19 October 2020. Continue reading
HMRC: Making Tax Digital to be extended to all VAT-registered businesses from 2022
HM Revenue & Customs (HMRC) has confirmed that Making Tax Digital (MTD) will be extended to all VAT-registered businesses from April 2022. Continue reading
Government announces new stamp duty rates for non-residents from April 2021
HM Revenue & Customs (HMRC) has announced new rates of Stamp Duty Land Tax (SDLT) for non-residents from 1 April 2021. Continue reading
Chancellor considers online sales tax for e-commerce retail sector
The Chancellor, Rishi Sunak, is considering the introduction of a new sales tax for the online retail sector in a bid to help the struggling high street compete with the e-commerce sector. Continue reading