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Category Archives: Business News

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Eat Out to Help Out compliance checks underway

Posted on December 18, 2020 by Howard Roth
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More than 84,700 food and drink establishments took part in the Eat Out to Help Out (EOTHO) scheme, according to the Treasury’s latest figures. This resulted in 130,000 claims at the end of the scheme and is estimated to have cost … Continue reading →

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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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