Latest News
-
HMRC confirms penalty for non-compliant trusts
Trusts can be a complex subject when it comes to tax. Recent changes mean that even the most basic of arrangements might need to be declared to HMRC. What penalty could you incur if you don’t get things right?
-
Why consider paying voluntary Class 2 NI via tax returns?
Class 2 NI is paid by the self-employed. If your profits were adversely affected by the pandemic in 2021/22, you might be below the small profits threshold. How can you ensure you preserve your entitlement to the state retirement pension if so affected?
-
Rugby pundit wins ruck with HMRC
HMRC has lost the latest in a string of employment status cases against a rugby player turned commentator. What were the key findings this time round?
-
Tax deposit certificates need to be used this year
HMRC is writing to taxpayers who have purchased a certificate of tax deposit (CTD) to remind them that the scheme is closing this year. When do these need to be used by, and what should you do if you can’t use them?
-
Option to tax changes from 1 February
From 1 February, HMRC will no longer acknowledge receipt of paper option to tax notifications. How do you ensure you receive evidence of the notification after that date?
-
Tribunal says personal liability notice was valid
The Upper Tribunal recently considered a case where the director of a limited company was issued a notice to make good the company's unpaid NI liabilities following a liquidation. He tried to argue that some of the £300,000 was time barred under statute. What happened?
This website uses both its own and third-party cookies to analyze our services and navigation on our website in order to improve its contents (analytical purposes: measure visits and sources of web traffic). The legal basis is the consent of the user, except in the case of basic cookies, which are essential to navigate this website.