Posts by Paige Collins
A new points-based penalty applies to late VAT returns for VAT periods beginning on or after 1 January 2023. The new system affected the first monthly return due on 7th March and the first affected quarterly return was due on 7th May. This new returns penalty regime joins the completely...
The annual inflation puzzle of 2022
Annual inflation in 2022 was 10.5%, but not all components rose by double digits. Source:...21st Century Revenue – the HMRC app and new texting service
HMRC launched its app a year ago, and it is gaining popularity for paying self-assessment...Tax warnings for online sellers, influencers, and content creators
HMRC’s latest wave of ‘nudge letters’ – used to prompt a response from the recipient...
A new business energy support scheme is set to run from 1 April 2023 to 31 March 2024.
Profit withdrawal has historically benefited owner-managers by way of dividends rather than taking director’s remuneration, due to the national insurance...
Spring Budget Summary 2023: key points at a glance, what it means for you, your family, your business, and the economy.
With property prices expected to fall during 2023, parents may be thinking about getting their children onto the property ladder....
If your employer pays for the fuel in the company car, it may cost you more than you expected. As...
With the self-employed and landlords facing a challenging economic environment, the government has again delayed the introduction of the Making...
