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Displaying 1-10 of 25 results
HMRC continues to miss targets
- Article
- 31 Jul 2024
HMRC’s accounts and charter report for 2023/24 show that it continues to underperform, with key targets missed and call waiting times increasing significantly.
Simple assessments are on their way
- Article
- 31 Jul 2024
HMRC will issue simple assessments to 560,000 individuals who have tax to pay for 2023/24, over the next six weeks.
Tax news in brief 31 July 2024
- Article
- 30 Jul 2024
Highlights from the broader tax news for the week ending 31 July 2024, including: regulations have been made which exempt certain payments made to postmasters from tax; HMRC has updated its MTD guidance; and further information is now available from HMRC on the 2022/23 class 2 NIC issue affecting some taxpayers.
Budget to be delivered on 30 October
- Article
- 30 Jul 2024
The government has set the date of the Budget and confirmed that VAT will be charged on private school fees paid from 29 July 2024 in relation to the school term starting in January 2025.
Need to know: CGT on residential properties
- Article
- 29 Jul 2024
Reductions in the tax-free amount mean more taxpayers will find themselves caught in the capital gains tax net. We look at the issues to be aware of, including 60-day reporting and recent developments relating to principal private residence relief.
800 agents asked to check tax returns for errors
- Article
- 29 Jul 2024
HMRC is writing to agents where the information declared in a client’s tax return for 2022/23 does not match information provided by the client’s employer, or held by HMRC for child benefit purposes.
ICAEW rejects VAT changes for private hire vehicles
- Article
- 26 Jul 2024
ICAEW’s Tax Faculty calls for targeted action to support private hire vehicle (PHV) passengers in its response to the consultation on measures that may be needed following judgements involving Uber.
Warning from HMRC on workplace nurseries
- Article
- 24 Jul 2024
HMRC is encouraging employers to check that they meet the ‘partnership requirements’ for the workplace nursery tax exemption.
Tax news in brief 24 July 2024
- Article
- 24 Jul 2024
Highlights from the broader tax news for the week ending 24 July 2024, including: a warning from HMRC to employers to remember pension obligations when employing summer staff; a survey from HMRC on communications around the new service for alcohol duty; and an international tax round-up.
Taxpayers may have exceeded BADR limit
- Article
- 23 Jul 2024
HMRC has contacted taxpayers who may have claimed more than £1m business asset disposal relief (BADR) up to and including 2022/23.
Displaying 1-10 of 25 results