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Displaying 1-10 of 63 results
Government seeks views on e-invoicing
- Article
- 14 Feb 2025
The government has launched a consultation to gather views on standardising e-invoicing, and how to encourage UK businesses and government departments to adopt it.
Tax relief for pension contributions can be claimed online
- Article
- 13 Feb 2025
Pay as you earn (PAYE) taxpayers who want to claim additional tax relief for contributions to a personal or workplace pension scheme can use a new HMRC online form.
New tax return requirements for sole traders and directors
- Article
- 13 Feb 2025
Taxpayers may need to provide more information in their 2025/26 self assessment tax returns as some voluntary requirements have been made mandatory and new mandatory requirements have also been introduced.
Tax news in brief 12 February 2025
- Article
- 12 Feb 2025
Highlights from the broader tax news for the week ending 12 February 2025, including: a reduction in the rates of interest on tax; the publication of help cards for employers; and changes to land transaction tax.
HMRC will not accept some in-year trust and estate tax returns
- Article
- 11 Feb 2025
Due to the change in the rate of capital gains tax (CGT) from 30 October 2024, trustees and personal representatives (PRs) may need to wait until after the end of the tax year to submit 2024/25 tax returns.
Check for state pension gaps by 5 April 2025, says HMRC
- Article
- 11 Feb 2025
HMRC is encouraging people to check if they could increase their state pension by making voluntary national insurance (NI) contributions by 5 April 2025.
More taxpayers can test making tax digital
- Article
- 10 Feb 2025
Taxpayers liable to the high income child benefit charge (HICBC) or with income from jointly held property can join making tax digital for income tax (MTD income tax) testing for 2025/26. IRIS has also joined the list of software available for 2024/25.
Business tax compliance costs £15bn a year
- Article
- 10 Feb 2025
In its latest report, the National Audit Office (NAO) explores the costs for businesses in meeting their tax obligations and for HMRC in administering the tax system. It reveals UK businesses incur costs of at least £15.4bn each year.
Changes to size thresholds for off payroll working
- Article
- 06 Feb 2025
In response to a request from ICAEW, HMRC has confirmed that changes to the company size thresholds in the Companies Act 2006 from April 2025 will also apply for the purposes of the off payroll working rules.
Changes made to CIS processes for overseas businesses
- Article
- 06 Feb 2025
HMRC has updated its procedures to address challenges identified by ICAEW’s members in registering overseas businesses for the construction industry scheme (CIS).
Displaying 1-10 of 63 results