New tax guidance for childminders
We have recently published new guidance for childminders to help with understanding tax changes that apply to them if they must use Making Tax Digital for Income Tax.
We have recently published new guidance for childminders to help with understanding tax changes that apply to them if they must use Making Tax Digital for Income Tax.
The Low Incomes Tax Reform Group (LITRG) has raised concerns about plans to let HMRC recover lower-value debts directly from taxpayers’ bank accounts, questioning whether the proposed safeguards are sufficient.
Our free publication ‘Self-employment: A LITRG guide’ has recently been updated and is now available to download. It is aimed at those who are self-employed or in a partnership. It will also be very helpful to voluntary sector advisers and other non-tax specialists who advise low-income ...
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 ...
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 ...