Latest News
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HMRC’s official rate of interest set to rise to 2.25%
Personal TaxHMRC’s official rate of interest will increase to 2.25% from 6 April 2023. What does it apply to?
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Deadline for voluntary NI contributions extended
Personal TaxThere's currently a window of opportunity to fill gaps in your NI contribution history. This was scheduled to close after 5 April 2023, but the government has now extended it. What's the new deadline?
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Short window to secure cash-flow advantage
Personal TaxUsually, where you make a gain on a UK residential property where there will be a tax liability it must be reported to HMRC within 60 days, with a payment of the estimated tax. However, if you make a disposal shortly before 5 April 2023, there is a limited opportunity to delay the payment until 2024. How is this possible?
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Latest advisory fuel rates for company cars
Business Tax, Personal TaxThe amount that employers can reimburse staff for business travel in company cars changes from 1 March 2023. What are the new rates?
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Beware of HMRC delays when setting up PAYE direct debits
Business TaxOne of the professional accountancy bodies is warning that employers need to allow additional time to set up new variable direct debits for PAYE. Why?
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HMRC shuts down repayment agent
Personal TaxHMRC has previously announced an increase in protective measures for individuals dealing with so-called “repayment agents”. Now, one such agent has been ordered to cease trading. What’s the full story, and what do you need to do if you have a claim in progress?