Specialist Tax News

We now have further details of the operation of the extension of CJRS “furlough” that will apply from 1 November 2020 through to the end of
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HMRC have announced that they will be imposing penalties of up to 100% of the amounts overclaimed on businesses so make sure that your claims are
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With more of us working from home there is good news from HMRC that employees can now make a claim for tax relief to cover some
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HMRC are not the Grinch after all. They have recently announced that employers may arrange a “virtual” Christmas party this year and there will be no
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Where possible taxpayers should “Gift Aid” any payments to charity to provide additional benefit to the charity. Higher rate taxpayers obtain additional tax relief on the
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  30/12/20 Deadline for filing 2019/20 tax return online in order to request that HMRC collect outstanding tax via the 2021/22 PAYE code   1/1/21 Corporation
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2018/19 tax returns can be amended by the taxpayer up until 31 January 2021. Where the omitted property income or gain relates to earlier tax years
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For many property owners the rental income will be tax free if it is within the £7,500 rent a room relief and will not even need
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You may have seen in the newspapers that Airbnb will share data with HMRC about the earnings of hosts (those who let out property) on its
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In the March 2021 Budget, it was announced that CGT Entrepreneurs’ relief (ER) was replaced by CGT Business Asset Disposal relief (BADR) for disposals on or
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Those taxpayers who may have difficulty paying the tax due under self-assessment on 31 January 2021 can agree more time to pay with HMRC provided the
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New draft legislation has been released by the Government that will look to introduce a PAYE cap on R&D tax credit claims. The cap was first
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