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.
If you still haven’t filed your 2024/25 Self Assessment tax return, then read on! HMRC will charge penalties of £10 per day in most cases if they don’t receive your 2024/25 return by 30 April 2026. If your return shows that Making Tax Digital should apply to you, you also run the risk of falling ...
The Finance Act 2026 introduces a new settlement opportunity that is expected to be favourable to many eligible taxpayers affected by the loan charge. While further regulations are awaited, this remains an uncertain and anxious time for those impacted. To try and help bring some clarity, and based ...