Many websites urge property owners to start earning from their home or spare room – but what they don’t always mention is that HMRC may want a piece of the action. Continue reading “What does HMRC need to know about short-term property lets?”
Quarterly news
A Plastic Packaging Tax update
The Spring Budget 2023 confirmed an increase to the rate of Plastic Packaging Tax (PPT) from 1 April 2023. Continue reading “A Plastic Packaging Tax update”
Applying for time to pay employer’s PAYE online
HMRC’s time to pay facility offers a structured monthly repayment arrangement to taxpayers struggling to settle an outstanding tax liability in full, on time. Continue reading “Applying for time to pay employer’s PAYE online”
VAT and the option to tax explained
The VAT treatment of property can be challenging. Normally, supplies of land and buildings are exempt from VAT. Continue reading “VAT and the option to tax explained”
Hybrid and flexible working and the issues facing employers
Non-standard work arrangements are now the not-so-new normal, and come with their own compliance risks. What are the areas to be aware of?
Continue reading “Hybrid and flexible working and the issues facing employers”
Director duties in landmark law case
Are there circumstances in which directors must act in, or at least consider, the interests of the company’s creditors? Continue reading “Director duties in landmark law case”
Director remuneration hit sees new planning era
Changes announced in the Autumn Statement will be keenly felt by many company directors, especially where profit extraction has traditionally relied on a strategy of low salary and higher dividend payment.
Continue reading “Director remuneration hit sees new planning era”
Making Tax Digital postponed once again
Making Tax Digital for income tax (MTD ITSA) has been postponed again. It will not now be mandated for any taxpayer until April 2026.
