New guidance will help homeowners understand the implications of capital gains tax (CGT) when selling UK residential property, it has been revealed.
As the old saying goes, in this world, nothing is certain except death and taxes.
Pension savers have been hit hard by tax charges, according to the latest Government figures.
Almost half a million tax credit customers have yet to renew their claims ahead of the 31 July deadline, it has been warned.
The Office for Tax Simplification (OTS) will explore whether there is a case for moving the UK’s tax year end date.
The last tax year has not long ended, but now is the time to think about how you report taxable benefits provided to your employees.
The deadline to pay deferred VAT or arrange a payment plan is “fast approaching”, the Institute of Chartered Accountants in England and Wales (ICAEW) has warned.
Companies can claim tax relief and credits from the Government against a wide range of qualifying expenditure if they were incurred during research and development.
Businesses who are required to use Making Tax Digital (MTD) for VAT but not registered could face fines of up to £400, it has been warned.
In the 2021 Spring Budget, the Government announced a new penalty and interest regime to replace the VAT default surcharge.