Latest News
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Coronavirus still causing HMRC issues
Personal TaxIt transpires that HMRC’s system has not accepted some voluntary Class 2 NI payments for 2020/21, meaning entitlement to the state pension might be affected. Do you need to take action to resolve this?
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Online advance assurance applications now available
Business TaxApplying for advance assurance under the venture capital schemes can become a drawn out process, straining the relationship with your potential investors. HMRC has launched a new online service for making the application that should cut waiting times. What do you need to know?
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Time to pay arrangements - now much easier to agree
Personal TaxAgreeing a time to pay (TTP) arrangement used to involve calling HMRC and convincing it that you were struggling to pay. Agreement was often made grudgingly. This stance has softened in recent years, and there may be no need to make a call at all. What do you need to know?
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Latest advisory rates bring welcome boost for EV owners
Personal TaxEmployers can reimburse their staff for business travel in company cars. Until now, the rate for wholly electric cars has been fixed at 5p, but that will change from 1 December. What’s the full story?
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Stamp duty land tax cut retained - for now
Personal TaxThe Autumn Budget contained a number of tax rises. However, one of the cuts from the mini-Budget in September was retained on a temporary basis. What's the full story?
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PAYE direct debits - interest application
Business TaxThe option to pay PAYE liabilities by a recurring direct debit has been available for just over a month, but there have been concerns that the arrangement will attract late payment interest. HMRC has now clarified what will happen. What do you need to know?