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MONTHLY FOCUS: TAX CONSIDERATIONS FOR BUY-TO-LET PROPERTY Running a letting business is a very popular option. However, there have been...

Treatment of distributions under review     The government has launched a consultation on modernising the tax treatment of distributions and...

First MTD quarterly deadline arrives The first quarterly reporting deadline under Making Tax Digital for Income Tax (MTD IT) is...

HMRC targets landlords using third-party data HMRC has confirmed that it is using information received from third parties to identify...

Self-employed taxpayers warned over missing Class 2 NI credits HMRC is warning some self-employed taxpayers to check their National Insurance...

VAT on electricity to be cut The new Prime Minister has announced a cut to the rate of VAT on...

MONTHLY FOCUS: PROVIDING FURTHER TAX-FREE BENEFITS TO EMPLOYEES In this further examination of tax and NI free benefits. Providing benefits...

HMRC urges agents to review excepted estates HMRC is reminding tax agents to review inheritance tax (IHT) returns submitted for...

HMRC targets “dodgy shops” in new compliance crackdown The government has announced a new crackdown on businesses suspected of facilitating...

Mandatory payrolling of benefits in kind delayed The government has revised plans to introduce the mandatory payrolling of benefits in...

Timetable for agent multi-factor authentication rollout published HMRC has published further details of its plans to introduce multi-factor authentication (MFA)...

Recovering underclaimed input tax Your business has incorrectly failed to claim input tax on a particular expense for five years....