The Let Property Campaign and all you need to know The Let Property Campaign applies to you if you are an individual landlord and have received rental income that you have not declared to HMRC. If this does apply to…
A simplified tax reporting system may be coming into play after HMRC announces proposed radical changes to the way businesses are taxed Under the current system, tax returns filed by the self-employed, sole traders and partnerships are based on a…
HMRC have a new turnover test for SEISS 5. They have now published their full guidance on the eligibility criteria to receive the 5th instalment of the Self Employed Income Support Scheme (SEISS). Most of the eligibility remains unchanged from…
What is a P11D and does your business need to prepare P11D's for your employees or directors. A P11D is the form used by businesses to report taxable expenses and benefits paid to directors and employees who have not been…
Are you worried about a late payment penalty from HMRC? If you are, then help is at hand. The self-assessment payment deadline is 31 January and interest is charged from 1 February on any amounts outstanding. Normally, HMRC charges a…
