Expenses
Deductible expenses against self-employed business.
My client is a doctor who, for many years, has had self-employed and employed income. Her expenses have routinely been deducted from her...
VAT penalty reform delayedThe reform of the VAT penalties and interest regime for late filing and payment will be delayed until 1 January 2023. It had been due to start in April 2022 but HMRC needs...
Taxpayers calling HMRC waited an average of just over 13 minutes to reach an adviser in November 2021, with 50.8% holding for more than ten minutes, according to the department’s latest...
The Chartered Institute of Taxation has received guidance from HMRC on how businesses should account for VAT while waiting for HMRC to deal with their VAT grouping applications.This states that VAT...
HMRC received 2,828 self-assessment tax returns on Christmas day – this compares with 2,700 submitted on the same day in 2020. The peak time for filing was between 12 noon and 1pm when 227...