HM Revenue & Customs (HMRC) has recently stated that they will pledge £5.5 million to organisations who are in the voluntary and community sectors to help support customers organise their taxes.Continue reading
Whether you’re the owner of a limited company or a sole trader, it is important to understand the expenses you can claim and the tax savings that these expenses bring.
As of February 2023, HM Revenue & Customs (HMRC) estimated that over two million people are unaware of the Marriage Allowance tax relief which could save them up to £252 a year.
Do not be stung when rewarding employees. Avoid penalties on employee benefits by correctly submitting P11D forms.
Workers and self-employed business owners who claim tax credits, Child Benefit or Guardian’s Allowance have just one month left to switch their Post Office card account, it has been warned.
Employers have been urged to prepare for changes to automatic enrolment, the minimum wage, and taxes this April.
Three people have been arrested on the suspicion of attempting to defraud HM Revenue & Customs (HMRC) for a total of £1.4 million.Continue reading
The penalty reform for late payments has been delayed until 1 January 2023, confirms a statement by Lucy Frazer (The Financial Secretary to the Treasury).Continue reading
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.Continue reading
Workers in receipt of Working Tax Credit (WTC), have been urged to check if they need to update their working hours.Continue reading
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