Posts Tagged Tax - Page 3

The increased interest in crypto assets has been noted by HMRC. If you invest or trade in crypto assets you need to be aware of how this will affect your tax.

Our pocket guide to 2023/24 tax rates will help you make sense of all the different areas of tax and how they might affect you. This useful guide outlines the tax rates for the next financial year.

Tax investigations can happen to anyone – whether you are an individual or in business. Our tax protection service means you can rest assured that you are protected against the
professional costs associated with an HMRC enquiry.

Why not use our tax rates guide and online tax calendar to help you manage those important deadlines in the year ahead.

If you’re a taxpayer and you’re concerned that you cannot pay your tax bill on time, you have the option to set up an online “time to pay” arrangement with HMRC.

There is now less than a week to pay 2021/22 self-assessment tax bills or face a penalty equal to 5% of the outstanding tax. Friday 3 March is the final deadline to settle any outstanding tax charges for 2021/22

In January this year a new penalty points system was introduced for the late filing of VAT returns and the late payment of VAT.

Wednesday 5 April 2023 sees the end of the current tax year so now is the time to think about how to make the most of the allowances and reliefs available to you.

The Scottish Budget plans for 2023/24 were announced on 15 December and included the freezing of tax thresholds and an increase in income tax.

Make your Christmas celebrations as tax friendly as possible by taking advantage of seasonal tax breaks.

Chancellor Jeremy Hunt has announced his Autumn Statement outlining measures to address the £55 billion gap in public finances and manage the impending recession. Here are the main points.

The Government is reforming income tax basis periods. You need to know if and how this may affect your business?