The Economics Affairs Finance Bill Sub-Committee has published its report on the Finance Bill 2023-24 covering research and development (R&D) tax relief, HMRC data...
HMRC has decided to continue offering webchat services for its agent dedicated line (ADL) beyond 31 January 2024 on self assessment and PAYE. In an email update for agents, HMRC...
1 March 2024Pay corporation tax for accounting periods ended 31 May 2023 for SMEs not liable to pay by instalments.Review HMRC car mileage fuel rates.2 March 2024Unpaid income...
The Chartered Institute of Taxation is warning that legislation to reform business rates and council tax in Wales gives too much power to ministers to change how the taxes work in...
HMRC has decided not to appeal against last November’s First-tier Tribunal decision in Atholl House (TC9026) involving presenter Kaye Adams. The tribunal found the IR35...
A technical consultation setting out the mechanism by which HMRC will be able to account for taxes already paid by individuals and their intermediary on income received from...
The amount of investment in venture capital trusts (VCTs) on which income tax relief is claimed grew in 2021-22, reflecting the increase in funds raised by such trusts in that tax...
Self assessmentAs the 31 January deadline to submit 2022-23 self-assessment tax returns approaches, nearly 44,800 people have arranged to pay their tax – totalling almost £148m –...
The value of tax penalties has increased by 25% to £851m between November 2022 and October 2023 up from £681m November 2021 and October 2022. Accountancy firm UHY...
Small businesses are reporting the highest levels of confidence in their outlook since the lockdowns in 2021, according to research by Moore UK.A survey of 500 directors of UK...
Partnerships with corporate partners are able to claim capital allowances that are available only to companies within the charge to corporation tax, HMRC has confirmed. This covers...