Further rise in HMRC interest rates confirmed

Business Tax, Personal Tax

Following the 13th consecutive increase in the Bank of England (BoE) base rate, HMRC’s interest rates on overpaid or underpaid tax will also increase. What are they and when will they take effect?

28.06.2023

Key tax deadline approaching

Business Tax

The first week of July brings another key tax deadline for employers. What needs to be submitted, and when is the due date?

26.06.2023

Making Tax Digital scheme five times over initial budget

Business Tax

The Chartered Institute of Taxation (CIOT) has criticised HMRC’s handling of the Making Tax Digital project, saying it has spiralled out of control. What’s happened, and what is the latest timetable for rollout?

22.06.2023

Deadline to catch up on NI contributions extended

Personal Tax

An opportunity to fill gaps in your NI contribution history back to 2006 was due to end on 31 July 2023. The government has just announced that this will be extended. What's the new deadline?

15.06.2023

HMRC resource shortage spreads to self-assessment

Personal Tax

HMRC has announced that the general self-assessment helpline will be closed to taxpayers for several months. When will it reopen, and what should you do in the meantime?

09.06.2023

HMRC launches online application for time to pay arrangements

VAT

HMRC has launched an online application process for VAT time to pay arrangements. Is this option available for your business?

08.06.2023