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The Words 'delayed' Repeated On A Sign To Signify The Delay To Making Tax Digital

Delay to Making Tax Digital for Income Tax

Delay to Making Tax Digital announce by the Government As part of the rollout of greater digitalisation of our tax regime businesses with turnover in excess of £10,000 were due to be caught under the new rules from April 2023…

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Piggy Bank With Face Mask Depicting New Guidance For SEISS Grant 5

New Turnover test for SEISS 5

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…

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Late Payment Penalty Notices From HMRC

HMRC temporarily waives late payment penalty

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…

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