Mar 24, 2021 | Current AffairsGovernment Announcements
Business groups have welcomed the raft of tax documents and consultations announced by the Government yesterday (23 March) to help create a more “modern and trusted” tax system.As part of ‘tax day’, the Treasury announced 30 tax updates, consultations and documents...
Mar 23, 2021 | Current AffairsGovernment Announcements
The Government has published a raft of tax documents and consultations to help strengthen policy making to create a more “modern and trusted” tax system.The Treasury released 30 tax updates, consultations and documents, which would have traditionally been released at...
Mar 23, 2021 | Current AffairsGovernment Announcements
Accountants will be able to send bulk appeals against late-filing penalties for tax returns filed after 28 February 2021 as a result of the COVID-19 pandemic, HMRC has announced.The news comes as HMRC has already waived late-filing penalties for individuals who were...
Mar 22, 2021 | Current Affairs
The Governments Making Tax Digital (MTD) for corporation tax may fail to meet its policy objectives and could be costly for businesses, the Chartered Institute of Taxation (CIOT) has warned.MTD for corporation tax will require firms to keep digital records and provide...
Mar 19, 2021 | Current Affairs
Government borrowing has increased to £19.1bn in February 2021, the highest for the month since records began in 1993.According to the Office for National Statistics (ONS), borrowing was £17.6bn higher compared with the same period last year.Borrowing for the year has...
