HM Revenue & Customs (HMRC) has published new guidance on changes to off-payroll working rules coming into effect in the private sector next year. Continue reading
Category Archives: Income Tax
IR35: BBC Presenter loses appeal over £400,000 tax bill
Television presenter Christa Ackroyd has lost an appeal at the Upper Tribunal over her tax status at the BBC. Continue reading
Time to think about tax returns, says HMRC
Is it that time of the year already?
Today, HM Revenue & Customs (HMRC) has reminded taxpayers that they have just 100 days to go until the 31 January tax return deadline. Continue reading
HMRC wins IR35 case against BBC presenters
HM Revenue & Customs (HMRC) has won an IR35 tribunal case against three BBC presenters at the High Court, which could have a significant impact on the broadcasting industry. Continue reading
Making Tax Digital: what happens next?
Making Tax Digital (MTD) for VAT was launched in April 2019, which means that hundreds of thousands of businesses are now recording and reporting their accounts digitally to HM Revenue & Customs (HMRC). Continue reading
New rules to crack down on ‘phoenix companies’ confirmed for April 2020
Company directors who attempt to “sidestep” their tax liabilities by forcing their company into insolvency will face tougher penalties from next year. Continue reading
Next Steps for Making Tax Digital
Making Tax Digital (MTD) was launched in April 2019 for VAT. Now, hundreds of thousands of VAT-registered businesses who are above the VAT threshold of £85,000 are recording and reporting their accounts digitally to HM Revenue & Customs (HMRC). Continue reading
Workers could be missing out by not checking personal tax accounts
According to the latest research from the Post Office, just under half (46 per cent) of workers have never checked their personal tax accounts. Continue reading
Can you save more than £355 on this year’s self-assessment?
Self-employed taxpayers may be failing to claim on average £1,687 in tax-deductible expenses, a new report has revealed. Continue reading
The professions that pay the most income tax revealed
Bankers and insurance brokers face a bigger income tax burden than ever before, accounting for more of the Governments largest source of tax revenue than any other industry. Continue reading