MTD for Income Tax to cost sole traders and landlords £350
Posted by Karen Jones on February 26, 2024HMRC has released figures that estimate how much it will cost sole traders and landlords to implement and comply with MTD for Income Tax.
HMRC clamps down on unpaid dividend tax
Posted by Karen Jones on February 12, 2024HMRC is writing to business owners it believes have failed to declare and pay dividend tax. We tell you what you need to know.
How to pay CGT the easy way
Posted by Jon Pryse-Jones on February 1, 2024If you need to pay CGT on items other than property, there are two ways to do it. Surprisingly, many people fill in a tax return needlessly.
HMRC repays £38m in pension tax
Posted by Karen Jones on January 29, 2024In the last quarter of 2023, the taxman repaid £38 million in overpaid pension tax. We help you understand whether you’re due a refund.
Claim Child Benefit online – HMRC launches online service
Posted by Jon Pryse-Jones on January 11, 2024In January 2024, HMRC announced that you can now claim Child Benefit Online – replacing the paper-based system in place since 1977.
Online sales tax rules have changed – do you trade on ebay?
Posted by Mark Ingle on January 8, 2024Online sales tax rules changed on 1st January 2024 – digital platforms now have to share detailed user and sales information with HMRC. Do you trade on ebay?
HMRC Tax Investigation : What you need to know
Posted by Mark Ingle on December 18, 2023Tax enquiries have been on the rise over the past few years so it’s important that you know what would happen.
Inheritance Tax and the Acceptance in Lieu scheme
Posted by Ben Locker on December 18, 2023If you have an IHT, you may be able to settle it by donating items such as artworks and manuscripts via the Acceptance in Lieu scheme.
DWP to get powers to check bank accounts?
Posted by Jon Pryse-Jones on December 14, 2023A new amendment to the Data Protection and Digital Information bill could give the DWP sweeping powers to check bank accounts.
Inheritance Tax changes and common questions
Posted by Ian Henman on December 13, 2023Inheritance tax rules can be difficult to understand, so we have answered some of the most common IHT questions.
