Latest News
-
HMRC reports low knowledge of cryptoasset tax treatment
Personal TaxHMRC has published a report on the popularity and understanding of the UK cryptoasset market. Worryingly, it seems that tax knowledge of this specialised, but growing, market remains relatively low. What’s the full story?
-
Tax credit renewals
Personal TaxThere is less than a month to renew tax credit claims for the year ahead. Why is more care needed this time round?
-
HMRC makes Government Gateway easier to access
Business Tax, Personal TaxIt has been reported that some taxpayers have been struggling to access their tax accounts on Government Gateway. How has HMRC now made this easier to do?
-
Problems with HMRC’s online P11D forms emerge
Business Tax, Personal TaxEmployers must ensure that their P11D are filed by 6 July 2022. However, a problem has emerged with HMRC’s online forms. What’s going on?
-
Install HMRC update to ensure correct NI deductions
Business TaxThe primary Class 1 NI threshold will increase on 6 July. How can employers using HMRC's Basic PAYE Tools ensure the change is reflected in their processing?
-
Penalty interest rate set to rise again
VAT, Business Tax, Personal TaxThe Bank of England raised its base rate again in June, and HMRC has confirmed the penalty rate of interest on late-paid tax will follow suit. What will the new rate be and when will it start to apply?