Penalty problem
Is there any hope to reduce penalties for late tax return?
My client was self-employed until she went to work as a missionary in eastern Europe in May 2017. Before she left the UK she...
HMRC has increased the threshold for paying tax liabilities by instalments to £30,000 for self-assessment taxpayers, in line with the chancellor’s announcement on 24 September. The...
Employers with a PAYE settlement agreement (PSA) should ensure their payment for 2019-20 is made to HMRC by 22 October (electronic) or 19 October (postal) to avoid interest and late payment...
HMRC has confirmed that, when
calculating top slicing relief, personal allowances must be set, as far as
possible, against other income in preference to the life insurance policy gain.
This is to...
The new trader support service is now live for business, providing education and guidance for traders moving goods under the Northern Ireland protocol, including between Great Britain and Northern...
Legal experts are calling for
a cap on the amount of money that can be released without a grant of probate in
place as well as greater education on the topic, as individual funds released
to families...