Latest News
-
Don't miss out on tax reliefs
Personal TaxIt's an unfortunate fact that some of the most widely applicable tax reliefs are the most underclaimed. In an effort to encourage as many people as possible to claim these, HMRC has published a page giving a summary of the reliefs with a link for checking eligibility. What’s the full story?
-
Court of Appeal rules in contractors' favour
Business Tax, Personal TaxA TV presenter won a high-profile Upper Tribunal case regarding her employment status under the IR35 rules. HMRC appealed against this, but the Court of Appeal has just rejected its argument. What happened?
-
HMRC updates MTD ITSA guidance
Business Tax, Personal TaxHMRC has clarified which taxpayers can sign up for Making Tax Digital for Income Tax Self-Assessment (MTD ITSA) voluntarily in its updated guidance. Who can join early and is it worthwhile?
-
HMRC starts to assess grant overpayments
Personal TaxHMRC is currently writing to taxpayers that need to repay some or all of their self-employment income support scheme (SEISS) grants. What's the full story and what action needs to be taken on receipt of such a letter?
-
Digitalisation reaches another rollout milestone
VATHMRC’s Making Tax Digital (MTD) project entered another key implementation phase on 1 April 2022, bringing more traders within the requirements of MTD for VAT. How will VAT-registered businesses be affected by this?
-
New tax year brings new saving opportunities
Personal Tax6 April 2022 marked the start of the new tax year. This means that taxpayers have a fresh opportunity to make the most of various annual allowances and exemptions. What kind of simple, but effective, ideas should they be looking at?