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Small businesses whose staff were off sick with the coronavirus can now claim Statutory Sick Pay (SSP) refunds, it has been announced. It comes after the Coronavirus Statutory Sick Pay Rebate Scheme claims ...
Workers can claim up to £2,000 a year towards childcare costs by signing up to the Tax-Free Childcare scheme, it has been reminded. HM Revenue & Customs (HMRC) said thousands of families may ...
Everyone loves a bit of a knees-up and this year the Queen celebrates her Platinum Jubilee. So, it’s time to break out the party hats as an extra bank holiday has been granted ...
The soaring cost of goods and services have pushed the UK inflation rate to its highest level in almost 30 years, a major study has revealed. Economists estimate that costs increased by an ...
The Government has launched a consultation on how a worldwide 15 per cent minimum corporation tax can be implemented domestically, in a move designed to tackle avoidance and ensure a more level playing ...
Get set for the year ahead now with forecasting, budgeting, and effective cash flow management. Companies have faced several unexpected challenges over the last two years, with the coronavirus pandemic and its new ...
Multiple homeowners who leave “holiday lets” empty will no longer be able to claim tax benefits, it has been announced. The move ends a loophole allowing owners of second homes to avoid paying ...
Small and medium-sized enterprises (SMEs) that do not use Making Tax Digital (MTD) for VAT make more errors than those that do, a major study has revealed. The research, published by HM Revenue ...
It should perhaps be no surprise given the circumstances of the pandemic that individuals and businesses might have incurred penalties for late tax payments. But the penalties charged by HM Revenue & Customs ...
Late filing and late payment penalties will be waived for one month to give taxpayers more time to prepare their 2020 to 2021 Self Assessment tax return, it has been announced. It means ...
Taxpayers who are unable to pay their Self-Assessment (SA) bill can use the option of paying by instalments with a Time to Pay arrangement with HM Revenue & Customs (HMRC). If you cannot ...
Whether it is down to the spread of the Coronavirus or just a general trend to a more cashless society, card payments have boomed in the last couple of years. While restrictions were ...