HMRC received 2,828 self-assessment tax returns on Christmas day – this compares with 2,700 submitted on the same day in 2020. The peak time for filing was between 12 noon...
Almost two thirds (64%) of tax dispute settlements made by HMRC reviewed as part of its tax settlement assurance programme fell below its own quality standards, with 10% having a...
There is widespread concern among local authorities about the implementation and management of the conditionality tax checks to be introduced in April 2022, according to a new...
HMRC processing rules for online returns mean that if the return is filed after the 31 January deadline and the taxpayer wishes to pay voluntary class 2 National Insurance for the...
HMRC will waive late filing and late payment penalties for self-assessment taxpayers as long as they file their 2020-21 return and pay any tax due by 28 February. This in...
Full customs controls came into force on 1 January 2022 which may affect clients that move goods between Great Britain and countries in the EU.These include:requirement for full...
The government will cover the cost of statutory sick pay for Covid-related absences for employers with fewer than 250 employees. The statutory sick pay rebate scheme was...
In its draft Budget for 2022-23, the Welsh government confirmed that the Welsh rate of income tax is to be kept at 10p. It also published a consultation on land transaction tax and...
HMRC is reviewing how VAT is claimed on the cost of charging electric vehicles.It is considering the evidence required to allow an employer to claim the related VAT when they...
Interest ratesThe HMRC late payment interest rate rose to 2.75% from 4 January 2022 for the main taxes and duties (it was previously 2.6%). The repayment interest rate remains at...
The government has not made the case for basis period reform either as a simplification or as an essential prerequisite for introducing making tax digital for income tax, says the...
HMRC is reminding taxpayers to declare any Covid-19 grant payments on their 2020-21 tax return.More than 2.7 million taxpayers claimed at least one self-employment income support...