Changes to VAT penalties and interest from 01 January 2023

Consultation launched on self-employed basis period reform HMRC has recently launched a consultation on how basis periods can be reformed for income tax for the self-employed.The consultation seeks to gather views on how best to implement a proposal to simplify the rules under which profits of an unincorporated trading business are allocated to tax years…

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New VAT penalty regime and other VAT news

Consultation launched on self-employed basis period reform HMRC has recently launched a consultation on how basis periods can be reformed for income tax for the self-employed.The consultation seeks to gather views on how best to implement a proposal to simplify the rules under which profits of an unincorporated trading business are allocated to tax years…

1.25% increase to NIC and dividend tax ratesĀ 

Consultation launched on self-employed basis period reform HMRC has recently launched a consultation on how basis periods can be reformed for income tax for the self-employed.The consultation seeks to gather views on how best to implement a proposal to simplify the rules under which profits of an unincorporated trading business are allocated to tax years…

Budget 2021

Consultation launched on self-employed basis period reform HMRC has recently launched a consultation on how basis periods can be reformed for income tax for the self-employed.The consultation seeks to gather views on how best to implement a proposal to simplify the rules under which profits of an unincorporated trading business are allocated to tax years…

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COVID-19 Update 3

Consultation launched on self-employed basis period reform HMRC has recently launched a consultation on how basis periods can be reformed for income tax for the self-employed.The consultation seeks to gather views on how best to implement a proposal to simplify the rules under which profits of an unincorporated trading business are allocated to tax years…

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Update on Government schemes in response to COVID-19

Consultation launched on self-employed basis period reform HMRC has recently launched a consultation on how basis periods can be reformed for income tax for the self-employed.The consultation seeks to gather views on how best to implement a proposal to simplify the rules under which profits of an unincorporated trading business are allocated to tax years…

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COVID-19 Government schemes to help

Consultation launched on self-employed basis period reform HMRC has recently launched a consultation on how basis periods can be reformed for income tax for the self-employed.The consultation seeks to gather views on how best to implement a proposal to simplify the rules under which profits of an unincorporated trading business are allocated to tax years…

Dividend 2017/18 and 2018/19

Consultation launched on self-employed basis period reform HMRC has recently launched a consultation on how basis periods can be reformed for income tax for the self-employed.The consultation seeks to gather views on how best to implement a proposal to simplify the rules under which profits of an unincorporated trading business are allocated to tax years…

Autumn Budget 2017

Consultation launched on self-employed basis period reform HMRC has recently launched a consultation on how basis periods can be reformed for income tax for the self-employed.The consultation seeks to gather views on how best to implement a proposal to simplify the rules under which profits of an unincorporated trading business are allocated to tax years…

Changes to flat-rate VAT in more detail with examples

Consultation launched on self-employed basis period reform HMRC has recently launched a consultation on how basis periods can be reformed for income tax for the self-employed.The consultation seeks to gather views on how best to implement a proposal to simplify the rules under which profits of an unincorporated trading business are allocated to tax years…