Changes to VAT penalties and interest from 01 January 2023

Self assessment taxpayers must declare COVID grants on tax returns HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.According to HMRC, more than 2.7 million customers claimed at least one Self-employment Income Support Scheme (SEISS) payment up to 5 April 2021.The tax authority says these grants are…

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New VAT penalty regime and other VAT news

Self assessment taxpayers must declare COVID grants on tax returns HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.According to HMRC, more than 2.7 million customers claimed at least one Self-employment Income Support Scheme (SEISS) payment up to 5 April 2021.The tax authority says these grants are…

1.25% increase to NIC and dividend tax ratesĀ 

Self assessment taxpayers must declare COVID grants on tax returns HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.According to HMRC, more than 2.7 million customers claimed at least one Self-employment Income Support Scheme (SEISS) payment up to 5 April 2021.The tax authority says these grants are…

Budget 2021

Self assessment taxpayers must declare COVID grants on tax returns HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.According to HMRC, more than 2.7 million customers claimed at least one Self-employment Income Support Scheme (SEISS) payment up to 5 April 2021.The tax authority says these grants are…

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COVID-19 Update 3

Self assessment taxpayers must declare COVID grants on tax returns HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.According to HMRC, more than 2.7 million customers claimed at least one Self-employment Income Support Scheme (SEISS) payment up to 5 April 2021.The tax authority says these grants are…

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Update on Government schemes in response to COVID-19

Self assessment taxpayers must declare COVID grants on tax returns HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.According to HMRC, more than 2.7 million customers claimed at least one Self-employment Income Support Scheme (SEISS) payment up to 5 April 2021.The tax authority says these grants are…

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COVID-19 Government schemes to help

Self assessment taxpayers must declare COVID grants on tax returns HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.According to HMRC, more than 2.7 million customers claimed at least one Self-employment Income Support Scheme (SEISS) payment up to 5 April 2021.The tax authority says these grants are…

Dividend 2017/18 and 2018/19

Self assessment taxpayers must declare COVID grants on tax returns HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.According to HMRC, more than 2.7 million customers claimed at least one Self-employment Income Support Scheme (SEISS) payment up to 5 April 2021.The tax authority says these grants are…

Autumn Budget 2017

Self assessment taxpayers must declare COVID grants on tax returns HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.According to HMRC, more than 2.7 million customers claimed at least one Self-employment Income Support Scheme (SEISS) payment up to 5 April 2021.The tax authority says these grants are…

Changes to flat-rate VAT in more detail with examples

Self assessment taxpayers must declare COVID grants on tax returns HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return.According to HMRC, more than 2.7 million customers claimed at least one Self-employment Income Support Scheme (SEISS) payment up to 5 April 2021.The tax authority says these grants are…