HMRC has launched a new area of the gov.uk website to list ways taxpayers can access financial support or reduce their tax liability. The new HMRC Financial Support Guide is intended to help with the rising cost of living and enable people to check they are claiming all that they can. This is in response […]
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Home Working Tax Relief changes!
During the pandemic, HMRC changed the rules around the Home Working Tax Relief, and anyone working from home could claim. This has now changed again, and from 6th April 2022 employees should check their notice of coding and get it updated if the relief has been included and they are not required by their employer […]
Read MoreTime to Pay proves popular!
More than 142,000 people have used a Time to Pay arrangement with HMRC to spread the cost of their personal tax bill since April 2021. The deadline for Self Assessment Tax returns and tax payments was extended beyond the 31st January deadline for the 2020/21 Returns, to allow until the 1st April for any outstanding […]
Read MoreSEISS Grant Authorisation
As part of our set-up process for a new client, we always ensure HMRC have a record of our appointment as agents. This means we can speak to them regarding clients’ affairs should the need arise. Sadly, HMRC have decided this doesn’t include SEISS grants, and they cannot discuss them with us! Why not? The […]
Read MoreNearly 50% of all HMRC Investigations dropped…
Recent research has shown that 47% of HMRC investigations into individuals and small businesses in the last year yielded no return. There was no extra tax paid, and no evidence of any underpayments. In the year before this figure was 31%. In 2019/20 two thirds of investigations generated additional tax. Given the stress and worry […]
Read MoreYour Personal Tax Return – what do we need?
Once again, we’re hurtling towards the end of another financial year. The 6th April and the start of another will be here in just over a week, so it’s Personal Tax Return time! If we prepare yours for you, NOW is the time to get ahead and send us your information as it hits your […]
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