Trust registration penalties eased

Personal Tax

Non-taxable trusts need to be registered with HMRC’s Trust Registration Service by 1 September. What happens if you miss this deadline?

05.08.2022

Fixing a property return anomaly

Personal Tax

Where a disposal of residential property results in a tax bill, it has to be reported to HMRC within 60 days on a property disposal return (PDR). However, some individuals missed this requirement and have been unable to do so retrospectively because a self-assessment return has been filed in the meantime. What’s going on and what should you do in this situation?

02.08.2022

A timely review of payments on account

Personal Tax

For those in self-assessment, 31 July is an important date for a number of reasons. What are these, and why is it important to review taxable income ahead of Sunday’s deadline?

28.07.2022

New VAT registration service from 1 August

VAT

A new VAT registration service goes live for accountants and tax advisors on 1 August 2022. What does this mean for registrations awaiting submission?

27.07.2022

HMRC reveals details of R&D credits anti-fraud campaign

Business Tax

Earlier in 2022, HMRC announced that it was suspending payments of R&D tax credits while it investigated some claims. It has now released details of a new campaign to fight fraudulent claims. What are they?

19.07.2022

Leadership race means more tax uncertainty for owner managers

Business Tax, Personal Tax

How is the scramble to replace the Prime Minister causing uncertainty for small company owners?

15.07.2022