1 January 2025Corporation tax due for accounting periods ended 31 March 2024 for SMEs not liable to pay by instalments.7 January 2025Due date for VAT returns and payment for 30...
The number of prosecutions for tax crimes has hit a three year high of 300 in the year to 30 September 2024, up 19% from 252 in the previous year, according to statistics from...
In last month’s Budget, the government announced some updates to the proposals to mandate the reporting of benefits in kind through payroll software from April 2026. HMRC has...
HMRC has decreased interest rates for late payments for most taxes, after the Bank of England’s decision to reduce the base rate to 4.75%.
From 18 November 2024, the rate for...
Thousands of farmers gathered in Westminster on 19 November to protest against the government’s proposed changes to agricultural and business property relief in the...
Christmas campaignBridge the Gap is running a campaign asking tax advisers if they can gift the last hour of their salary this year to support the tax charities, TaxAid and Tax...
More than a third (38%) of technology businesses submitted a research and development (R&D) claim which was initially approved, but was later challenged and rejected by HMRC,...
More than a quarter of small and medium-sized businesses in the UK are considering a reduction in staff numbers as a result of the autumn Budget’s changes to employer...
Several private schools that trade as charities have been unsuccessfully trying to submit their VAT registration form online to HMRC ahead of 1 January 2025 when private school...
Most taxpayers affected by the 2017 deemed domicile reforms remained in the UK, and paid more tax on average since becoming deemed domiciled, according to a recent report from...
Penalties
Finance Act 2021 (Schedule 26 Second Penalty Assessments) (Appointed Day: Regulation Making Power) Regulations SI 2024/1132 appoint 12 November 2024 as the day on which...