Reminder to look out for tax credit renewal packs
HMRC has begun sending the annual tax credit renewal packs to some 2.5 million tax credit claimants and is encouraging Read more..
Mobile phone exempt costs
When an employee incurs costs for the provision of mobile phones to employees it is important to understand the correct tax Read more..
COVID support grants that are taxable
We would like to remind readers that existing legislation is in place to ensure that COVID support grants are treated as Read more..
CIS – types of work and businesses affected
The Construction Industry Scheme (CIS) is a set of special rules for tax and National Insurance for those working in the Read more..
Impact of residence and domicile
HMRC’s online guidance note for residence, domicile and the remittance basis: RDR1 is intended for UK residents and Read more..
Cryptoassets for individuals - taxes that apply
In most cases, individuals hold cryptoassets (such as Bitcoin) as a personal investment, usually for capital appreciation in Read more..
Debt respite scheme launched
A new scheme, aptly named Breathing Space, was launched 4 May 2021. Breathing Space will give those facing financial Read more..
Tax Diary May/June 2021
1 May 2021 - Due date for Corporation Tax due for the year ended 30 July 2020. 19 May 2021 - PAYE and NIC deductions due for Read more..
End to COVID-19 adjusted right to work checks
The government has confirmed, in its updated guidance on carrying out right to work checks during the coronavirus pandemic, Read more..
New self-build initiative
In a surprise weekend announcement, the Housing Secretary Robert Jenrick has revealed new plans for £150 million of funding Read more..