Nov 3, 2022 | Business TaxGovernment AnnouncementsPersonal Tax
HMRC is reminding taxpayers to declare their self-employed income support scheme (SEISS) payments in their self-assessment return for the 2021/22 tax year. The Government paid SEISS grants to eligible businesses adversely affected by the Covid-19 pandemic. Over 2.9...
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 11, 2022 | Personal Tax
HMRC has issued a press release urging self-assessment customers to be on guard against potential fraudsters. Over the last year, HMRC responded to over 180,000 referrals of suspicious contact from the public, with almost 81,000 confirmed as scams offering customers a...
Sep 2, 2022 | Personal Tax
More than 16 million households in the UK have received a £150 council tax refund from the Government to help with the rising cost of living. Around 90% of eligible households have received the rebate, with 16.6m people being handed the payments at the end of July....
Aug 23, 2022 | Business TaxPersonal Tax
A working group has been set up to tackle the complexities of cryptoasset tax compliance for accountancy firms in the UK. The Chartered Institute of Taxation (CIOT) and the Association of Taxation Technicians (ATT) aim to clarify uncertain accounting rules for...