Up to 300,000 taxpayers will no longer have to file a self assessment tax return as Treasury increases annual threshold for reporting from current £1,000 figure but not until 2027
Directors and employees in receipt of loans from their companies and employers will have to pay a higher interest rate from April for loans calculated using ‘precise method’
As thousands breach annual tax free savings allowances, HMRC has launched a useful tool to work out how much tax is payable on savings interest and dividend income
HMRC has started sending letters to online sellers and side hustlers it suspects of not paying tax or disclosing sales on online platforms in 2022-23, giving 30 days to respond
With a month to go until 5 April cut-off, the experts at Hargreaves Lansdown provide their top advice on how to minimise tax bills with some clever pension saving ideas and tax free ISA tips
Anyone with spare cash needs to make sure they are using their tax exemptions and reliefs before 6 April, including inheritance tax gifting, crystallising gains to reduce CGT liability and topping up pension contributions
HMRC plans to start sending letters to taxpayers affected by introduction of Making Tax Digital for income tax advising them they will have to report quarterly
HMRC is running an advertising campaign in national newspapers and social media to encourage downloads of the HMRC app, and mailing leaflets in letters
In this week’s Q&A, our Croner-i VIP Tax Team explains tax and capital loss implications when director wants to waive shareholder loan when selling business
The director of an electrical retail business questioned HMRC’s conduct over the handling of his coronavirus job retention scheme (CJRS) application after securing a bounce back loan
EV owners should re-tax their car before April to save close to £200 over the next year, particularly as vehicles over £40,000 face £600 annual road tax charge
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