Posts by Paige Collins
A recent investigation into Child Trust Funds (CTFs) by the National Audit Office (NAO) has revealed that, disturbingly, nearly £400 million in matured CTFs remain unclaimed. CTFs were opened for some 6.3 million children born between 1 September 2002 and 2 January 2011 into which the government paid £2 billion....
Business turnover threshold changes
With basis period reform now underway, HMRC is looking at further tax simplification for sole...Paper tax returns under review
More than 12 million taxpayers file self-assessment tax returns, but less than 3% do so...Paying Dividends – not as simple as it might seem!!
When and how is paying dividends allowed? If you have your own limited company, you...
Setting up a business requires a great deal of thought, but it offers a great opportunity if you have been...
Most directors and employees will already have been issued a tax code for the 2023/24 tax year, and it is...
HMRC continues its debt enforcement, collecting more tax owed and increasing winding-up petitions filed against companies.
The eligibility for some bereavement payments has now been extended to unmarried couples, but there are two major caveats. Where...
Late VAT returns face points-based penalty from Jan 2023. May is the first affected quarterly return under the new system.
Annual inflation in 2022 was 10.5%, but not all components rose by double digits. Source: ONS. Annual inflation, as measured...
