The significance of ‘One To Many’ letters from HMRC
Letters have been sent out to individuals listed as ‘Persons of Significant Control’ (PSC), urging them to check and, where necessary, correct their tax returns.
HMRC raises interest rates on late payments from 22 November
HM Revenue & Customs (HMRC) will raise the interest rates on tax debt from 22 November following the 0.75 per cent increase in the Bank of England base rate.
Capital Gains Tax: What do you need to know?
Capital Gains Tax (CGT) is a tax applied on the profit you receive when disposing of an asset.
New VAT penalty regime – What do you need to know?
HMRC is launching a new penalty regime where VAT returns are submitted late or VAT is not paid on time.
Avoiding obstacles with the Construction Industry Scheme
Under the Construction Industry Scheme (CIS), contractors take money from a subcontractor’s payments and send it to HM Revenue and Customs (HMRC).
Supporting staff through the cost-of-living crisis
Many UK employers are topping up pay packets of valued employees with a cost-of-living payment when they are unable to offer a pay rise.
