Changes to VAT penalties and interest from 01 January 2023

HMRC starts chasing up SEISS overpayments HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants.From April, HMRC is writing to taxpayers whose entitlement to the fourth or the fifth SEISS grant has reduced by more than £100 to ask them to repay amounts that were overpaid.Entitlement to the fourth and fifth…

|

New VAT penalty regime and other VAT news

HMRC starts chasing up SEISS overpayments HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants.From April, HMRC is writing to taxpayers whose entitlement to the fourth or the fifth SEISS grant has reduced by more than £100 to ask them to repay amounts that were overpaid.Entitlement to the fourth and fifth…

1.25% increase to NIC and dividend tax rates 

HMRC starts chasing up SEISS overpayments HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants.From April, HMRC is writing to taxpayers whose entitlement to the fourth or the fifth SEISS grant has reduced by more than £100 to ask them to repay amounts that were overpaid.Entitlement to the fourth and fifth…

Budget 2021

HMRC starts chasing up SEISS overpayments HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants.From April, HMRC is writing to taxpayers whose entitlement to the fourth or the fifth SEISS grant has reduced by more than £100 to ask them to repay amounts that were overpaid.Entitlement to the fourth and fifth…

| |

Update on Government schemes in response to COVID-19

HMRC starts chasing up SEISS overpayments HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants.From April, HMRC is writing to taxpayers whose entitlement to the fourth or the fifth SEISS grant has reduced by more than £100 to ask them to repay amounts that were overpaid.Entitlement to the fourth and fifth…

|

COVID-19 Government schemes to help

HMRC starts chasing up SEISS overpayments HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants.From April, HMRC is writing to taxpayers whose entitlement to the fourth or the fifth SEISS grant has reduced by more than £100 to ask them to repay amounts that were overpaid.Entitlement to the fourth and fifth…

Dividend 2017/18 and 2018/19

HMRC starts chasing up SEISS overpayments HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants.From April, HMRC is writing to taxpayers whose entitlement to the fourth or the fifth SEISS grant has reduced by more than £100 to ask them to repay amounts that were overpaid.Entitlement to the fourth and fifth…

Autumn Budget 2017

HMRC starts chasing up SEISS overpayments HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants.From April, HMRC is writing to taxpayers whose entitlement to the fourth or the fifth SEISS grant has reduced by more than £100 to ask them to repay amounts that were overpaid.Entitlement to the fourth and fifth…

Changes to flat-rate VAT in more detail with examples

HMRC starts chasing up SEISS overpayments HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants.From April, HMRC is writing to taxpayers whose entitlement to the fourth or the fifth SEISS grant has reduced by more than £100 to ask them to repay amounts that were overpaid.Entitlement to the fourth and fifth…