Date posted: 12th Feb 2024
We understand that HMRC have issued a number of “nudge” letters aimed at those that may be undeclaring dividend income. These are sometimes known as “One to Many”…
Date posted: 12th Feb 2024
We are increasingly hearing more and more about artificial intelligence (AI) and how its use can change our way of working both now and in the future. AI…
Date posted: 12th Feb 2024
Employers can opt to deal with taxable benefits in kind through the payroll (known as ‘payrolling’) rather than reporting them to HMRC after the end of the tax…
Date posted: 12th Feb 2024
Work may be undertaken on a property to repair it or to improve it and it will not always be clear where the dividing line falls. The distinction…
Date posted: 12th Feb 2024
Since April 2020, where capital gains tax (CGT) is payable on the disposal of a UK residential property, this must be paid (and declared) within a certain number…
Date posted: 12th Feb 2024
HMRC estimates that 1.1 million taxpayers missed the deadline for filing their 2022/23 tax return, on 31 January 2024. HMRC will now automatically issue those 1.1 million taxpayers…
Date posted: 22nd Jan 2024
By tax partner, Lee Watson There has been quite a lot of debate, over the past couple of weeks, about the accessing of information by HMRC from websites…
Date posted: 22nd Jan 2024
The deadline for filing your 2022/23 tax return is fast approaching (31 January 2024), as is the due date for any balance of tax due for 2022/23 and…
Date posted: 22nd Jan 2024
As part of the movement towards tax simplification, HMRC has advised that it will be mandatory to declare benefits-in-kind (BIKs) via the business payroll, from April 2026. At…
Date posted: 22nd Jan 2024
There can be money to be made buying a property in a dilapidated state, renovating it and selling it for a profit. However, when it comes to tax,…
