Latest News
-
Have your say on e-invoicing
The government is seeking views on the standardisation of electronic invoicing. Why, and how can you join the consultation?
-
Pension tax relief can now be claimed online
Higher and additional rate taxpayers can use a new online form to claim additional tax relief on pension contributions. Can you accelerate relief?
-
Late payment interest rates changed again
Late payment interest rates on underpaid taxes will soon decrease again due to the recent reduction in the Bank of England’s base rate. What are the new charges?
-
No reduction to assessment due to lack of evidence
The tax tribunal has ruled that discovery assessments could not be reduced for working from home during lockdown and other expenses due to lack of evidence. What could the taxpayer have done differently?
-
Self-employed set for penalty reprieve
Over 1m people missed the 31 January filing deadline last week and will shortly be receiving automatic £100 penalties as a result. However, HMRC has announced that the penalty won’t be enforced for the self-employed - but only in limited circumstances. Are you eligible?
-
Court of Appeal shuns Upper Tribunal’s interpretation of salaried members rules
The Court of Appeal has sided with HMRC regarding the definition of “significant influence” in respect of the salaried members rules. What happened and what does this mean for members of limited liability partnerships (LLPs)?