New HMRC video explains loan charge settlement opportunity
With their video, press release and guidance, HMRC is encouraging people with outstanding loan charge liabilities to consider the new settlement opportunity.
With their video, press release and guidance, HMRC is encouraging people with outstanding loan charge liabilities to consider the new settlement opportunity.
HMRC have started to issue loan charge settlement offers under the new settlement terms. If you receive an offer, the resources below can help you understand what it means, the checks you should make and what steps you may need to take next.
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Regulations setting out details of the new loan charge settlement opportunity have now been laid before Parliament.
Many people assume that a Self Assessment tax return is only required if tax is due. However, this is a common misunderstanding that can lead to unexpected penalties from HMRC. In this article, we look at when a tax return may be required and what to do if you have failed to report income ...