HMRC’s increased powers for spotting ‘invisible income’
Date posted: 19th May 2025
HMRC can enquire into any tax return and request information to establish whether that return is correct.
Date posted: 19th May 2025
HMRC can enquire into any tax return and request information to establish whether that return is correct.
Date posted: 19th May 2025
The off-payroll working rules apply where a worker provides their services to a medium or large private sector company or to a public sector body through an intermediary
Date posted: 19th May 2025
As the 2024/25 tax year has now come to an end, individuals who need to file a Self Assessment tax return for that year can now do so.
Date posted: 19th May 2025
HMRC are introducing a requirement to submit benefits in kind values via a company’s payroll.
Date posted: 19th May 2025
A formal payroll scheme is operated by most companies, as they need to declare the national insurance and tax deducted from employees as well as the employer’s national insurance due.
Date posted: 14th Apr 2025
Last October Chancellor Rachel Reeves announced some far-reaching National Insurance changes which will affect employers from April 2025. She also confirmed the rates applying to employees and to the self-employed.
Date posted: 14th Apr 2025
From 6 April 2025 onwards, furnished holiday lettings are treated for tax purposes in the same way as other residential let
Date posted: 14th Apr 2025
A non-natural person (normally a company) that owns residential properties, may need to complete a Return to declare the “Annual Tax on Enveloped Dwellings” – also known as ATED.
Date posted: 14th Apr 2025
The official rate of interest is a rate set by HMRC which is used to calculate the benefit in kind tax charge on cheap employment-related loans, and also the amount charged to tax in respect of the provision of employer-provided living accommodation where the cost of that accommodation is more than £75,000.
Date posted: 14th Apr 2025
A negligible value claim means that a claim is made that an asset is worthless, without actually selling the asset.
