Taxation

Changes to VAT penalty regime delayed until 2023

The government has announced plans to delay the introduction of penalties for late submission of VAT returns. The new penalty…

2 years ago

Businesses need tax and trade skills for growth

Businesses believe that they will need skills in finance, trade, and taxation to help them navigate business growth over the…

2 years ago

Filing deadlines: December 2021

14 December     Corporation tax third quarterly instalment payment for very large companies with annual taxable profits exceeding £20m (reduced if…

2 years ago

HMRC staff unlikely to manage increased tax debt

With the UK’s tax debt more than double pre-pandemic levels, current staffing at HMRC is unlikely to be enough to…

2 years ago

VAT policy and sustainability

The Chancellor’s Autumn Budget highlighted the need to move the economy on from the effects of Covid-19 and began to…

2 years ago

82% of businesses want an expansion to Making Tax Digital

Around 82% of mid-sized businesses revealed that Making Tax Digital (MTD) for VAT has convinced them that further digitalisation will…

3 years ago

Companies House received record 11.3m digital filings

Companies House accepted 11.3m digital filings in the last financial year with the words ‘digital filing’ not even mentioned in…

3 years ago

Tax rises will wipe out wage inflation

Salaries are rising at the fastest rate in 24 years, but wage inflation could lead to millions being less well-off…

3 years ago

31 October deadline for paper self assessment tax returns

HMRC is reminding taxpayers to check that they have the correct information in order to complete their paper self assessment…

3 years ago

Filing deadlines: October – December 2021

1 October           Corporation tax payment for companies with 31 December 2020 year end (where payments not…

3 years ago