Latest accounting and tax news
HMRC agree delay in tax return deadline
January 1, 1970
HMRC has announced that late filing penalties will be waived for taxpayers that file their 2020-21…
Read full articleDelay in implementing late payment penalties
January 1, 1970
In tandem with the announcement that no late filing penalties will be issued for 2020-21 Self-Assessment…
Read full articleAre you registered for Making Tax Digital for VAT?
January 1, 1970
Making Tax Digital (MTD) for VAT is to be extended to cover businesses with a turnover below the VAT…
Read full articleHMRC fraud squad net £1bn from criminals
January 1, 1970
HMRC’s Fraud Investigation Service (FIS) was launched in April 2016. The FIS is responsible for HMRC’s…
Read full articleOmicron funding delivered to local authorities
January 1, 1970
Just before the Christmas break, the Chancellor announced a new support package for some businesses most…
Read full articleCustoms controls from 1 January 2022
January 1, 1970
There are special procedures for importing goods into the UK. Following the end of the Brexit transition…
Read full articleBeware online sales scams
January 1, 1970
A new government press release has been issued reminding the public that online sales scams continue to…
Read full articleSelf-certified sick notes
January 1, 1970
The statutory sick pay rules were temporarily amended on 17 December 2021. The amendment allows employees…
Read full articleWill you need to pay-back Child Benefits?
January 1, 1970
The High Income Child Benefit charge applies to taxpayers whose income exceeds £50,000 in a tax year and…
Read full articleNew powers for Insolvency Service
January 1, 1970
The Insolvency Service is a government agency that provides services to those affected by financial…
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