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Don’t miss key December deadline
Personal TaxThe deadline for filing your tax return for 2021/22 is 31 January 2023. However, an earlier deadline of 30 December might be relevant to you.
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When is a dividend “paid” for tax purposes?
Personal TaxThe First-tier Tribunal recently considered a case where two shareholders were voted an interim dividend which were then paid on separate dates. HMRC wanted to treat the dividend of one shareholder as paid on the date the other shareholder received the funds, which would have made it taxable in the UK. What’s the full story?
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Coronavirus still causing HMRC issues
Personal TaxIt transpires that HMRC’s system has not accepted some voluntary Class 2 NI payments for 2020/21, meaning entitlement to the state pension might be affected. Do you need to take action to resolve this?
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Online advance assurance applications now available
Business TaxApplying for advance assurance under the venture capital schemes can become a drawn out process, straining the relationship with your potential investors. HMRC has launched a new online service for making the application that should cut waiting times. What do you need to know?
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Time to pay arrangements - now much easier to agree
Personal TaxAgreeing a time to pay (TTP) arrangement used to involve calling HMRC and convincing it that you were struggling to pay. Agreement was often made grudgingly. This stance has softened in recent years, and there may be no need to make a call at all. What do you need to know?
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Latest advisory rates bring welcome boost for EV owners
Personal TaxEmployers can reimburse their staff for business travel in company cars. Until now, the rate for wholly electric cars has been fixed at 5p, but that will change from 1 December. What’s the full story?