HMRC have changed the way that forward interest is calculated on payment arrangements made as part of a contract settlement. The changes should be beneficial for taxpayers, including those with loan charge issues.
HMRC have been helping affected taxpayers find information about their overlap relief position which they need to finalise their 2023/24 tax return under the new basis period reform rules. The online G-form which can be completed to ask for this help is closing and will not be available from 1 June ...
HMRC are seeing an increasing number of businesses and agents submitting late VAT returns where the statutory due date falls on a weekend or bank holiday. It appears taxpayers and agents may be relying on incorrect information appearing on third-party websites and AI tools. The deadline to submit a ...
Long-awaited and much-needed new guidance has been issued, exploring how Personal Assistant employment status works in the context of care and support, whether self-funded or through the use of Direct Payments.
HM Revenue and Customs (HMRC) have told us about a correction exercise they are working on to try and identify families who may have missed out on child benefit or child tax credits in the past, due to a historic legislative change.
The timing of your marriage allowance claim can affect its start date. The decision of when to cancel or withdraw a claim can also determine when the withdrawal takes effect. This can be complex, so we have created two flowcharts to help you better understand when to start and stop claims.