Child Benefit
26 February 2023
When the High Income Child Benefit Charge applies You are able to claim child benefit if you are responsible for bringing up a child under
News
Update your tax code – what to do if your tax code is incorrect
1 February 2023
The tax code is fundamental to the operation of PAYE. It indicates how much ‘free pay’ an employee is able to receive each time they
Impact of taxpayer behaviour on tax geared penalties
1 February 2023
HMRC have wide ranging powers to charge penalties for late and incorrect returns. Where errors are made on returns and other paperwork which understate the
MTD for sole traders, partnerships and landlords is delayed
19 December 2022
A little bit of pre-Christmas cheer for you today. In parliament today, the treasury announced a delay to the rollout of MTD (Making Tax Digital)
Autumn Statement Commentary
8 December 2022
Now that everyone has had time to start absorbing the details of last month’s announcements, we can begin to consider what the impact will be
Time to Pay Arrangements
3 December 2022
Pay your January tax bill in instalments The rising cost of living and high energy bills may mean that you are struggling to pay your
Avoiding Tax Investigations – 5 Actions you must take
3 December 2022
No business owner wants to be the subject of a routine tax audit or investigation by Her Majesty’s Revenue and Customs (HMRC). There are some
Autumn Statement -17 November 2022
18 November 2022
The Chancellor, Jeremy Hunt, presented his first Autumn Statement against a challenging UK and global economic backdrop. He set out three priorities for the Government,
Changes to VAT Penalties from 1 January 2023
6 November 2022
The VAT default surcharge will be replaced with new penalties, which will apply to everyone who submits a VAT return. Penalties will be charged for
