VAT and Corporation Tax helplines at HM Revenue & Customs (HMRC) will close for one day a week to help clear the backlog built up during the COVID-19 pandemic. Continue reading
Marriage allowance and how you can save on your tax bill
The Beatles sang about All You Need is Love, but in a week that includes Valentine’s Day, that love could come in the form of tax relief through Marriage Allowance.
Hidden charges alert as 2.3 million miss Self-Assessment deadline
To many taxpayers, it must seem like the ongoing effects of the pandemic are an endless nightmare of tax deadlines, after the endless nightmare of lockdowns.
What the Government’s Levelling Up White Paper means for businesses
Every part of England will be given “London-style” powers and a mayor in a bid to level up the nation, it has been announced.
Employers need to check out bank holiday entitlement for Queen’s jubilee
Everyone loves a bit of a knees-up and this year the Queen celebrates her Platinum Jubilee. So, it’s time to break out the party hats as an extra bank holiday has been granted to mark the celebrations.
Consultation on global minimum corporation tax for large multinationals
The Government has launched a consultation on how a worldwide 15 per cent minimum corporation tax can be implemented domestically, in a move designed to tackle avoidance and ensure a more level playing field for UK businesses.
HMRC’s guidance on reasonable excuses for late tax payments updated
It should perhaps be no surprise given the circumstances of the pandemic that individuals and businesses might have incurred penalties for late tax payments.
Did you open presents or submit tax returns on Christmas?
According to HM Revenue & Customs (HMRC), over 31,000 Self Assessment tax returns were submitted between Christmas Eve and Boxing Day.