It is being widely reported in the press that HMRC are targeting individuals that have claimed non-resident status for UK tax purposes during the Covid-19 pandemic.As we well know the pandemic caused ...
Read MoreFurther to the government’s announcement on 7 September 2021 HMRC have now released their less than positive impact statement on the 1.25% NICs increase.
Read MoreBoris Johnson has today announced a 1.25% health and social care tax across the UK to help the NHS recover from the Covid pandemic. This will initially be collected via a 1.25% rise in National ...
Read MoreSome of us remember the first time they scurried along to the dusty stamp office and hesitantly asked a gruff Inland Revenue officer to put wax stamps onto a form and then ran back to the their ...
The fact that the possibility, however remote, of a Conservative government introducing a one-off wealth tax is being discussed shows just how hard the UK’s economy has been hit by the coronavirus ...
Read MoreIt was announced yesterday evening (23 September 2020) that the Chancellor, Rishi Sunak has cancelled plans for a Budget this Autumn.
Read MoreThe Chancellor has today introduced new financial measures in a mini-budget aimed squarely at creating job placements for the young, retaining and saving jobs for the those who have been furloughed, ...
Read MoreWhen purchasing a second home, owners are compelled to pay an additional 3% stamp duty land tax (SDLT) on top of the normal SDLT rates applicable to their homes. If however, the second property ...
HMRC has updated their guidance to include Coronavirus in the list what constitutes a “reasonable excuse” for failing to meet certain tax obligations. Such reasonable excuses can be used to appeal a ...