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COVID tax concessions ending on 5 April
Personal TaxThe government introduced several easements in response to the coronavirus pandemic. These were temporary measures that are set to end on 5 April. What do employers need to know?
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Penalty interest rate increases for third time this year
Personal TaxHMRC’s late payment interest rate will rise following another increase in the Bank of England’s base rate. When does this take effect and do taxpayers need to take action?
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HMRC to reject expenses claims by letter from May 2022
Personal TaxCurrently, there are a number of ways that employment expenses can be claimed. However, one option is being scrapped from 6 May 2022. What do employees need to know?
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Penalty deadline just two weeks away
Personal TaxHMRC allowed a generous relaxation of the rules surrounding penalties for late payment of tax for 2020/21. However, the deadline to act is fast approaching. What do you need to do if you owe tax for that year?
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HMRC to allow multiple penalty appeals
Personal TaxHMRC has issued guidance regarding bulk filing of late filing penalty appeals for multiple clients. What do you need to know?
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HMRC issues reminder about loss relief extension
Business TaxThere is a temporary extension to the rules regarding the carry back of corporation tax trading losses due to the coronavirus pandemic. HMRC has just issued a reminder that some companies can speed up the claim for relief. What are the key points?