Latest News
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New tax year brings new saving opportunities
6 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?
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COVID tax concessions ending on 5 April
The government introduced several easements in response to the coronavirus pandemic. These were temporary measures that are set to end on 5 April. What do employers need to know?
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Penalty interest rate increases for third time this year
HMRC’s late payment interest rate will rise following another increase in the Bank of England’s base rate. When does this take effect and do taxpayers need to take action?
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HMRC to reject expenses claims by letter from May 2022
Currently, there are a number of ways that employment expenses can be claimed. However, one option is being scrapped from 6 May 2022. What do employees need to know?
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Penalty deadline just two weeks away
HMRC allowed a generous relaxation of the rules surrounding penalties for late payment of tax for 2020/21. However, the deadline to act is fast approaching. What do you need to do if you owe tax for that year?
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HMRC to allow multiple penalty appeals
HMRC has issued guidance regarding bulk filing of late filing penalty appeals for multiple clients. What do you need to know?