Tax

Latest news

Image for hmrc slated limited progress higher rate child benefit

Tax | HMRC slated for ‘limited progress’ on higher rate child benefit

The quality of HMRC communication with taxpayers about the overly complex high-income child benefit charge (HICBC) has hardly improved in the last three years

4 Mar 2022

Tax

Personal Tax

HMRC

Image for vat group registration rules clarified

Tax | VAT group registration rules clarified

HMRC has issued guidance about how businesses should file their VAT returns while waiting for a decision on a VAT grouping application

3 Mar 2022

Tax | HMRC will name promoters of tax avoidance

HMRC has been given new powers to clamp down on promoters of tax avoidance and publish details of individuals and firms involved with questionable tax schemes

3 Mar 2022

Tax | HMRC to end payments via Post Office accounts

HMRC is reminding about 7,500 tax credits, child benefit and guardian’s allowance customers they have just one month left to switch their Post Office card account

3 Mar 2022

Tax | Tax agent fined £16k for money laundering breaches

The court has dismissed the appeal from a tax agent against a £16,891 penalty for multiple breaches of money laundering regulations

2 Mar 2022

Tax

Case Reports

Image for hmrc accept bulk appeals late tax returns due covid 19 0

Tax | HMRC to accept bulk appeals for late tax returns due to Covid-19

Tax agents and accountants will be able to send bulk appeals against late filing penalties for tax returns filed after 28 February due to Covid-19, HMRC has confirmed

2 Mar 2022

Tax | Filing deadlines: March-May 2022

In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates for PAYE cheque payments, corporation tax instalments, and Making Tax Digital (MTD)

2 Mar 2022

Tax | Customs charges when moving your home back to the UK after Brexit

British nationals who return home after living in the EU should be wary of falling into a post-Brexit customs trap when moving their possessions back to the UK, warns Sarah Halsted, national VAT technical officer at RSM

2 Mar 2022

Tax | Q&A: postponed VAT accounting system for imports

In this week’s Q&A, Croner Taxwise VAT adviser Rachel Clarke, explains the pros and cons of using the postponed VAT accounting system when importing goods

1 Mar 2022

Tax

VAT

Tax Compliance

Image for 13m miss self assessment deadline

Tax | 1.3m miss self assessment deadline

HMRC reveals that 1.3m taxpayers did not file their self assessment returns by the 28 February deadline

1 Mar 2022

Tax | HMRC collects £30.8bn through tax probes

The total revenue generated from HMRC’s tax investigations has risen to £30.8bn in 2021

1 Mar 2022

Tax

HMRC

Tax | VAT updates: March 2022

Graham Elliott examines the postal services exemption in Zipvit, beautician room rental in the case of Errol Willy Salons and evidence for export in Junjie Lui & Zhe Li

1 Mar 2022

Tax

VAT

Case Reports