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Is your summer work party tax & NI free?
How to calculate tax and NI for a work summer party? Are there HMRC guidelines about it? Read this article to find out more.
July 1, 2022
Why are the off-payroll reports being observed by HMRC?
Since April 2021 HMRC has been intently observing reports organizations have submitted under the off-payroll rules.
July 1, 2022
Why would an Umbrella company lose tax dispute over expenses?
The judge rules against an umbrella company in a tax dispute with HMRC pertaining to its contractors qualifying for tax-free travel costs.
July 1, 2022
Are there tax deductions for new landlords?
If you own a real estate venture and have invested money in renovating the properties before renting them out, find out how much is tax deductible.
July 1, 2022
Will the energy bill grant be taxed for second homeowners?
The Chancellor's ruling to award £400 through energy bills implies that second property holders will get a twofold payment which ought to be taxed.
July 1, 2022
Compensation after your bank account was used in a scam?
M Agigeanu confessed to being involved in two incidents of the acquisition/retention or use or control of a criminal property before the Magistrates’ Court.
June 22, 2022
R&D Tax Relief Claimants May Undergo Compliance Checks
HMRC had notified previously that the payments will be delayed due to a surge of ‘irregular’ claims, increasing HMRC’s standard processing duration.
June 22, 2022
What are the new VAT penalties?
HMRC reported that the original VAT penalties will be replaced by new late submission penalties and interest on late payments on 1 January 2023 .
June 22, 2022