Workers and self-employed business owners who claim tax credits, Child Benefit or Guardian’s Allowance have just one month left to switch their Post Office card account, it has been warned.
Employers have been urged to prepare for changes to automatic enrolment, the minimum wage, and taxes this April.
Three people have been arrested on the suspicion of attempting to defraud HM Revenue & Customs (HMRC) for a total of £1.4 million.
The penalty reform for late payments has been delayed until 1 January 2023, confirms a statement by Lucy Frazer (The Financial Secretary to the Treasury).
Workers in receipt of Working Tax Credit (WTC), have been urged to check if they need to update their working hours.
Making Tax Digital (MTD) for Income Tax will be delayed until April 2024, the Government has confirmed.
HM Revenue & Customs (HMRC) has reminded parents that they may be eligible for Tax-Free Childcare ahead of the new academic year.
HM Revenue and Customs (HMRC) reported that 150,000 UK businesses have not yet made arrangements to pay back deferred VAT payments, and therefore owe the department £2.7 billion.
Whether you employ one worker or one thousand, Real Time Information (RTI) for payroll helps businesses stay on top of compliance and ensures employees pay the correct amount of tax.