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Shout99 - the network for freelancers
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The number of reports of scam HMRC phone calls has plummeted dramatically by 97 per cent in the last 12 months.
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HMRC is reminding businesses to take steps to prepare for Making Tax Digital (MTD) for Value Added Tax (VAT) before it becomes mandatory for all VAT-registered businesses from April 1, 2022.
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Further to the Government’s recent call for evidence on the use of umbrella companies, they have now issued a short survey for completion by recruitment businesses.
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HM Revenue and Customs (HMRC) is waiving late filing and late payment penalties for Self Assessment taxpayers for one month – giving them extra time, if they need it, to complete their 2020/21 tax return and pay any tax due.
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HM Revenue and Customs (HMRC) has revealed that 2,828 customers filed their Self Assessment tax return on Christmas Day, compared to 2,700 in 2020.
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We hope you enjoyed Christmas and would like to wish all our readers, partners and friends a happy, healthy and safe 2022.
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Government move on umbrella companies is an opportunity to end the disguised remuneration problem, according to a pressure group.
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The Chartered Institute of Taxation has welcomed the five-year review of the Office of Tax Simplification (OTS) and the Government’s recognition of the importance of its work, but expressed disappointment at how few of its recommendations have been accepted.
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HMRC’s confirmation that they will consult further before moving to more frequent payment of tax for small businesses has been welcomed by professional tax bodies.
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More than 20,000 Self Assessment customers have used HM Revenue and Customs (HMRC) online monthly payment plan service since April to spread the cost of their tax bill, totalling £46 million so far.
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