HMRC’s work has been at the centre of the government’s response to COVID-19. Whether that’s by administering the support schemes, changing our operational approach or through more than 80 other policy changes.
Corporate Interest Restriction (CIR) legislation became effective from 1 April 2017 and applies to corporate entities. HMRC has developed an Application Programming Interface (API) for submitting Interest Restriction Returns (IRR) and for reporting company appointments and revocations. This will be available for use from June 2021.
Agent Update 84 is available now and contains the latest articles, updates, help and support for the entire agent community.
This week, we would like to talk about tax on offshore gains and income. We want to hear your views on how HMRC can tackle the tax gap on offshore income and gains. You can tell HMRC what you think by emailing email@example.com at any point before 15th June.
Following our previous update in December, we have continued our work on helping customers better understand what to expect during a compliance check.
We have now added a new video ‘Help if you can’t pay your tax bill’ to our compliance checks video series.
Agent Update 83 is available now and contains the latest articles, updates, help and support for the entire agent community.
Due to COVID 19, HMRC has not issued a Late Filing Penalty for anyone unable to file their 2019 to 2020 Self Assessment return by 31 January 2021 providing they did so by 28 February 2021.
Today, 23rd March, the government published a command paper titled ‘Tax Policies and Consultations (Spring 2021)
An updated version of the ‘Calculating The Minimum Wage’ guide for employers is now available
On Wednesday the Chancellor of the Exchequer, the Rt. Hon Rishi Sunak MP, delivered the government’s Budget for 2021.
HMRC has announced that Self Assessment customers will not be charged the initial 5% late payment penalty if they pay their tax or make a Time to Pay arrangement by 1 April.