News and Events

September 8, 2021 / News & Events

HMRC outlines changes to late payment penalty regime

HMRC has published a policy paper outlining the forthcoming changes to the penalties for late payment and interest harmonisation for...
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August 24, 2021 / News & Events

Data reveals 1.9 million workers remain on furlough

The Coronavirus Job Retention Scheme (CJRS) is being wound down on 30 September 2021 and data published by HMRC has...
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August 19, 2021 / News & Events

HMRC updates salary sacrifice guidance

HMRC has updated the guidance on salary sacrifice. HMRC has removed the guidance on 'Salary sacrifice arrangements set up before...
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August 13, 2021 / News & Events

ICAEW urges HMRC to scrap exemptions to simplify VAT rules

In response to HMRC's consultation on simplifying the rules relating to land and property, the Institute of Chartered Accountants in...
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August 11, 2021 / News & Events

The government has published draft Finance Bill clauses

The Government has published draft clauses for the next Finance Bill, which broadly cover pre-announced policy changes. The Government is...
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August 9, 2021 / News & Events

Consultation launched on self-employed basis period reform.

HMRC has recently reported a consultation on how basis periods can be reformed for income tax for the self-employed. The...
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July 19, 2021 / News & Events

The fifth Self Employment Income Support Scheme (SEISS)

A fifth grant covering May 2021 to September 2021 will be open to claim from late July 2021, the size...
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July 15, 2021 / Covid-19, News & Events

800,000 claim tax relief for working from home

HMRC has confirmed that almost 800,000 employees who have been working from home during the pandemic have already claimed tax...
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July 15, 2021 / News & Events

440,000 tax credit claimants still to renew their claims

HMRC is reminding tax credit claimants that they have until 31 July 2021 to renew their claims. According to HMRC,...
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July 15, 2021 / News & Events

Over 280,000 families now using Tax-Free Childcare

More than 282,000 working families used a Tax-Free Childcare (TFC) account during March 2021, according to figures from HMRC. HMRC...
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