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Reports of scam HMRC calls tumble
Susie Hughes [News on Business] 13:47 24/01/22 | Comments: 1
The number of reports of scam HMRC phone calls has plummeted dramatically by 97 per cent in the last 12 months.
Making Tax Digital for VAT is coming
Susie Hughes [News on Business] 12:55 14/01/22
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.
Government survey on umbrella companies
Susie Hughes [News on Business] 14:12 11/01/22
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.
HMRC gives Self Assessment taxpayers more time to file
Susie Hughes [News on Business] 11:49 08/01/22
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.
Nearly 3,000 ’elf Assessments filed on Christmas Day
Susie Hughes [News on Business] 13:56 29/12/21
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.
Government move on umbrella sector
Susie Hughes [News on Business] 12:24 20/12/21
Government move on umbrella companies is an opportunity to end the disguised remuneration problem, according to a pressure group.
Government responses show tax simplification is far from simple
Susie Hughes [News on Business] 12:19 16/12/21
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.
HMRC adopts cautious approach to more frequent tax payment
Susie Hughes [News on Business] 11:17 14/12/21
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.
Self Assessment customers use monthly payment plans to pay £46 million in tax
Susie Hughes [News on Business] 08:00 09/12/21
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.
Go online for your tax-free Christmas party
Susie Hughes [News on Business] 11:18 08/12/21
For those wanting to celebrate the festive season, but finding the 'in person' functions difficult to attend or arrange, it is worth remembering that 'virtual' Christmas parties can qualify for the usual tax-free treatment available to 'real' events.
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