by Gary Woosey | Nov 25, 2020 | Tax
HM Revenue & Customs (HMRC) is reminding self-assessment taxpayers of key Capital Gains Tax (CGT) changes that they need to be aware of before 31 January 2021. Since April 2020 there have important been changes to how CGT is declared and paid. UK residents that...
by Gary Woosey | Oct 27, 2020 | Tax
Self Assessment individuals have 97 days left to complete their tax returns online before the deadline, but HM Revenue & Customs (HMRC) recommends completing it as early as possible. Individuals can complete their tax returns at any time before the deadline on 31...
by Gary Woosey | Oct 6, 2020 | Tax
From 1 October 2020, individuals who complete Self-Assessment tax returns will now be able to divide their tax bill into monthly instalments, without speaking to an HM Revenue and Customs (HMRC) adviser first. On 24 September 2020, the Chancellor announced that...
by Gary Woosey | Sep 18, 2020 | Tax
Leading business groups have urged the Government to introduce digital tools tax relief to support small and medium-sized enterprises (SMEs). Experts including the Institute of Directors (IoD) and Be the Business have stated that the coronavirus pandemic has...
by Gary Woosey | Sep 9, 2020 | Tax
Payroll could become an even more pivotal area for businesses, with the latest research finding that the coronavirus pandemic has made payroll a ‘key concern’ for employers. The research polled companies from 11 European countries and found that 41 per cent of firms...
by Gary Woosey | Aug 24, 2020 | Tax
Employers who delay their Employment Allowance claim and have unused Employment Allowance available at the end of the tax year “can use this to reduce other tax costs”, it has been confirmed. The new guidance comes after taxpayers reported confusion as to whether or...
