HMRC

Tax / Updated HMRC customer charter: what does it mean for you?

With the self assessment tax deadline on the horizon, the revamped HMRC charter spells out changes for businesses and individuals. Anne Davis of the Institute of Financial Accountants examines the changes

Tax / Q&A: top five Brexit questions from our VAT helpline

In our regular Q&A series, Croner Taxwise, VAT advice consultant, Sally Atkins, explores the most answered Brexit questions from the VAT advice helpline, covering tax on sales, B2C services and more

Tax / HMRC to waive self assessment penalties for one month

Self assessment taxpayers will not receive a penalty for their late online tax return if they file by 28 February, HMRC chief executive Jim Harra has announced

Tax / Self assessment scam warning

With just a week to go until the 31 January tax self assessment deadline, scammers posing as HMRC are using various scams to try to defraud people, ICAEW has warned

Tax / High income child benefit charge hits basic rate taxpayers

The Low Incomes Tax Reform Group (LITRG) is calling for the high income child benefit charge (HICBC) threshold to rise to avoid it hitting basic-rate taxpayers for the first time in April

Tax / HMRC penalties double in six months

The value of penalties HMRC is imposing on taxpayers each month shot up in the last six months, following the lull in compliance activities during the first lockdown, according to analysis by tax investigation insurance specialist PfP

Tax / MPs slam HMRC’s out of date tech

MPs have criticised HMRC’s response to the Covid-19 crisis, claiming some groups of taxpayers have been unfairly excluded from support packages, while the department’s strategy for property and IT systems has been shown to be wanting

Tax / Call for HMRC to extend self assessment deadline

ACCA has added its voice to calls for HMRC to extend the deadline for self-assessment tax returns on January 31, with the professional body warning that failure to do so could land millions of hard-hit entrepreneurs with fines totalling £250m

Tax / Filling in your self-assessment forms: useful tips

As the self assessment tax deadline approaches, Jamie Morrison, partner and head of private client at HW Fisher, sets out tips and advice for taxpayers

Tax / Q&A: freight transport changes

In our regular Q&A series, Croner Taxwise, VAT adviser, Arti Sonpal, explores changes to the VAT liability of supplies following the end of the Brexit transition period

Tax / HMRC: tax returners spread £69m with Time to Pay plan

Almost 25,000 self assessment taxpayers have set up an online payment plan to manage their tax liabilities in up to 12 monthly instalments, totalling £69.1m, HMRC has revealed

Tax / Rulings in favour of HMRC hike pension tax liability

Zigurds Kronbergs, tax writer at Croner-i, examines two recent pension tax cases which went against claimants, Clark at the Court of Appeal and Sippchoice at Upper Tribunal, both deemed to break pensions tax rules under Finance Act 2004

Tax / UK business ill-prepared for IR35 rule changes

With just three months to go before off payroll tax rules come into effect for the private sector, half of UK firms that hire contractors are not prepared for the changes, according to research by IR35 Shield

Tax / Q&A: define an SME for R&D purposes

In our regular Q&A series, Croner Taxwise, tax consultant, David Woolley, explains how to define when an SME becomes a large business for research and development (R&D) purposes

Tax / Covid judged ‘reasonable excuse’ for late SA returns

Taxpayers who fail to submit their self assessment return by the 31 January deadline because of difficulties caused by Covid will be able to claim this as a ‘reasonable excuse’ to overturn a late filing penalty, HMRC has confirmed
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