Late payment interest rising in line with Bank of England base rate.
HMRC raises interest on tax debt
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Business Tax
HMRC reminds taxpayers to declare SEISS payments
More than 2.9 million people claimed SEISS payments in the 2021/22 tax year.
One in ten companies still file their accounts on paper
Record numbers of late penalties charged despite high compliance levels.
HMRC warns of paper tax return deadline
Self-assessment taxpayers have until 31 October to file.
Less than 100 days until self-assessment deadline
Taxpayers have until 31 January to file their return.
HMRC releases MTD for ITSA guidance
New framework will be mandatory from April 2024.
HMRC releases COVID-19 loan error guide
Employers are encouraged to check their calculations.
Tax experts set up crypto working group
Crypto asset market capitalisation currently at $900bn.
MTD penalties confirmed by HMRC
Waiver for soft penalties to be removed by November.
Tax relief for creative businesses exceeds £1bn
Total tax breaks are down by a third on previous year.
HMRC late payment interest rises this month
The decision follows Bank of England’s base rate increase.
HMRC late payment rates to be revised
Changes will reflect the rise in interest rates
HMRC aims to collect more data for tax returns
Taxpayers may need to disclose working hours and job titles.
HMRC issues £1.87m in fines for tax mistakes
The number of penalties went up by 80%.
AAT: Give SMEs further tax relief
Small businesses say they need support to reach their goals.
Passion, positivity and perfectionism
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