Nearly 66,500 taxpayers filed their 2021/22 self assessment return on the first day of the new tax year, according to figures from HMRC....

Business groups have responded to Chancellor Rishi Sunak’s Spring Statement speech. Shevaun Haviland, Director General of the British...

Although there is less than a month until the roll out of the Making Tax Digital (MTD) for VAT extension, 82% of eligible businesses are...

Dividend tax is due to increase in April 2022, something which you need to be aware of if you are the director of a limited company, due...

The Federation of Small Businesses (FSB) has urged Chancellor Rishi Sunak to use the upcoming Spring Statement to help small employers...

Almost 100,000 self assessment customers have used online payment plans to spread the cost of their tax bill into monthly instalments...

HMRC has reminded married couples and people in civil partnerships to sign up for the Marriage Allowance to help reduce their tax bill....

Research carried out by mortgage lender Butterfield Mortgages has suggested that stamp duty land tax (SDLT) is outdated and needs...

Consumer group Which? has urged taxpayers to avoid using so-called ‘refund firms’ to claim tax rebates. Which? stated that people are...

HMRC has warned that businesses must declare any coronavirus (COVID-19) support grants or payments on their company tax returns and...

As part of its Tax Administration and Maintenance (TAM) Day on 30th November, the government responded to a two-part review of capital...

HMRC saw a drop of almost £30 billion in tax revenues in the latest financial year because of the pandemic, according to its annual...

The Institute for Fiscal Studies (IFS) has predicted that millions of people will be worse off in 2022 as a result of spiralling costs...

The government has doubled the payment period for capital gains tax (CGT) on residential property from 30 days to 60 days. Although the...

A study carried out by the Federation of Small Businesses (FSB) has showed that small firms are losing £25 billion per year as compliance...

In his second Budget of the year, Chancellor Rishi Sunak leaned heavily on his prospect of a brighter economic outlook. Mr. Sunak...

The Institute of Directors (IoD) is urging the government to use the upcoming Budget to reduce the planned level of business tax rises....

The government has delayed the introduction of Making Tax Digital (MTD) for Income Tax self assessment (MTD for ITSA) for a year, HMRC...

Adopting a tax year which is either aligned with the calendar year or with a calendar month-end would have clear benefits, according to a...

HM Treasury has announced that Chancellor Rishi Sunak will deliver the Autumn 2021 Budget on Wednesday 27 October. On 7 September the...