Did you know, from 1 April 2017, if your client’s company or group has more than £2 million of net interest and similar financing costs per year, the Corporate interest restriction rules may restrict interest deductions for UK Corporation Tax purposes.
Today the Chancellor of the Exchequer, the Rt Hon Philip Hammond MP, delivered his first Spring Statement to Parliament.
We published an Extension of offshore time limits consultation on 19 February 2018, which is open for comment until 11:45pm on 14 May 2018. We hope you will take the opportunity to read the consultation document and provide feedback.
Do you have a client-specific issue? Unable to resolve it through the usual HMRC Channels? Contact the Agent Account Managers (AAMs)
Agent Update 64 is now available and contains a variety of articles, updates, help and support for the entire agent community
We have 20 online Tax Agents Toolkits to help you submit returns, keep you up to date with tax legislation, guidance which can also be used as either a straightforward checklist or training aid.
This weeks Tax agent blog is about upcoming changes to how agents manage their client lists online.
Corporate interest restriction - From 1 April 2017, if your company or group has more than £2 million of net interest and similar financing costs, the Corporate interest restriction rules may restrict interest deductions for UK Corporation Tax purposes.
Did you know, HMRC will never notify you of a tax rebate by email or text. We also won’t ask you to disclose personal or payment information by email or text. You can forward suspicious emails to the HMRC phishing team at, firstname.lastname@example.org.
This week we have business expenses for the self-employed on both Monday 8 January 2018 at 12:30pm – 13:30pm and Tuesday 9 January 2018 at 12:30pm – 13:30pm. We also have Capital Allowances and Vehicles on Friday 12 January 2018 at 11am to midday and 1pm to 2pm.