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Category Archives: Business News

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Scammers are targeting Self-Assessment taxpayers, says HMRC

Posted on December 18, 2020 by Howard Roth
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HM Revenue & Customs (HMRC) is calling on Self-Assessment taxpayers to keep a look out for scammers posing as the tax authority. HMRC has said that scammers are using calls, emails and texts to contact individuals in the run-up to … Continue reading →

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Daily penalties waived for Self-Assessment late filing

Posted on November 12, 2020 by Howard Roth
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HM Revenue & Customs (HMRC) has confirmed that it will not charge the usual daily penalties for late filing of 2018-19 Self-Assessment tax returns, which were due by 31 January 2020. HMRC says the move is in response to the … Continue reading →

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Homebuyers need to start purchases this month to take advantage of Stamp Duty savings

Posted on November 12, 2020 by Howard Roth
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Thousands of people across the UK have purchased new homes to take advantage of the Government’s Stamp Duty Land Tax (SDLT) holiday, but Legal & General Mortgage Club has warned a backlog in the sales and mortgage process means that sales … Continue reading →

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HMRC warns taxpayers still aren’t ready for Making Tax Digital

Posted on November 12, 2020 by Howard Roth
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The Director of Making Tax Digital (MTD) at HM Revenue & Customs (HMRC) has warned that “not all taxpayers are ready for a digitalised tax system.” Roy Wallace spoke with the Institute of Chartered Accountants in England and Wales (ICAEW) about the … Continue reading →

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A quarter of businesses don’t think they will be ready for post-Brexit Britain

Posted on November 12, 2020 by Howard Roth
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A survey of almost a thousand company directors by the Institute of Directors (IoD) has found that nearly a quarter of businesses are not prepared for Brexit and do not expect to be ready by the end of the transition … Continue reading →

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