Nov 1, 2022 | Business Tax
According to the latest figures from Companies House, one in ten limited companies still file their annual accounts on paper instead of digitally. However, following the recent push to digitise tax records, the percentage of companies filing their returns online hit...
Oct 28, 2022 | Business TaxPersonal Tax
HMRC is reminding taxpayers that they have until Monday to ensure their paper self-assessment returns are filed. Due to postal strike action, the Revenue advises people to send their returns as soon as possible to avoid late-submission penalties. If a self-assessment...
Oct 25, 2022 | Business Tax
HMRC is reminding customers that there are less than 100 days left until the self-assessment tax return deadline. Taxpayers have until 31 January 2023 to complete their online return for the 2021-2022 tax year. Over 66,000 taxpayers got ahead by filing their returns...
Aug 30, 2022 | Business Tax
HMRC has published detailed guidance on Making Tax Digital for income tax (MTD for ITSA), which will see the end of self-assessment tax returns. As of 6 April 2024, sole traders and buy-to-let landlords with a qualifying income of £10,000 or more will have to file...
Aug 25, 2022 | Business Tax
HMRC has released a new document that covers the most common errors employers may have made in coronavirus job retention scheme (CJRS) calculations. Commonly referred to as the furlough scheme, any errors made in CRJS calculations must be amended for any claims made...
