Tax

The Christmas gift allowance: how it works


Are you planning on treating your staff or clients this Christmas? Christmas gifts can be subject to tax, so it ...

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The significance of ‘One To Many’ letters from HMRC


Letters have been sent out to individuals listed as ‘Persons of Significant Control’ (PSC), urging them to check and, where ...

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New VAT penalty regime – What do you need to know?


HMRC is launching a new penalty regime where VAT returns are submitted late or VAT is not paid on time. ...

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Avoiding obstacles with the Construction Industry Scheme


Under the Construction Industry Scheme (CIS), contractors take money from a subcontractor's payments and send it to HM Revenue and Customs ...

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Have you filed your online Self-Assessment form?


The clock is ticking for taxpayers, as the countdown to submit online Self-Assessment tax returns has begun. With less than ...

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Tax-free shopping for overseas visitors scrapped


... Tax-free shopping for overseas visitors scrapped

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Will you be paying less Income Tax from April?


During last week’s mini-Budget, The Chancellor, Kwasi Kwarteng made extensive changes to taxation. ... Will you be paying less Income ...

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Interest rate hike puts pressure on taxpayers behind on payments


In light of the recent increase in the Bank of England’s base rate, HM Revenue & Customs (HMRC) has announced ...

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The Trust Registration Service – To register or not to register, that is the question


The Trust Registration Service (TRS) is a register of the beneficial ownership of trusts. An online service, providing a single ...

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