HMRC issuing Loan Charge discovery letters

HMRC are issuing discovery assessments to people they believe should have submitted a 2018/19 tax return containing or undervaluing loan charge amounts.  The implementation of the loan charge has been controversial, and many people see it as profoundly unjust and unfair to taxpayers who were encouraged to take part of their wages as a loan. […]

What are self-assessment ‘payments on account’?

Do you know what ‘payments on account’ are? If you earn income outside of your usual day job, you really need to know about payments on account and how the income tax system works.
#tax #paymentsonaccount #selfassessment

The mini-budget: what’s been scrapped?

After Jeremy Hunt’s surprise financial statement, what’s actually left from the mini-budget? Read our update on which measures have been axed and which are (at present) still on the table.
#minibudget #tax #business

Your Q4 2022 deadlines for the diary

Put these Q4 2022 dates and deadlines into your diary. Stay up to date and make sure you’re meeting all your important filing and tax cut-off dates.
#tax #compliance

National Insurance changes have now been reversed

The current increase to National Insurance contributions (NICs) was reversed in the #minibudget. We’ll help you understand the implications and how to adjust your payroll.
#NationalInsurance #NIC

What are disbursements for VAT?

Are you confident that you’re claiming disbursements correctly for VAT purposes? We’ve covered the dos and don’ts of using disbursements to make payments on behalf of your clients.
#VAT #disbursements #accounting